GDP Archives - Page 5 of 9 - Financial Mirror

Cyprus GDP growth slashed after Ukraine war

The University of Cyprus downgraded its projection for economic GDP growth this year to 2.6% due to the Russian invasion of Ukraine, warning of potential deterioration in asset quality in the banking

4th May 2022

Cyprus/Economy

Cyprus has EU’s second largest debt to GDP ratio drop

At the end of the fourth quarter of 2021, the government debt to GDP ratio in the euro area stood at 95.6%, compared with 97.5% from Q3 2021, with Cyprus recording the second-biggest

26th April 2022

Cyprus/Europe

Cyprus ship management revenue rises to 4.2% GDP

Cyprus ship management revenues increased to €516 mln during the second half of 2021, or 4.2% of GDP (as turnover), marking a steady recovery from the pandemic and associated decline in economic

18th April 2022

Maritime

Ukraine war will slice 2% off Cyprus GDP

Cyprus is braced to lose revenue from Russian and Ukrainian tourists, as the economy is expected to lose around 2% of its GDP due to the Ukraine conflict. As the war in

9th March 2022

Business/Cyprus

High 5.7% GDP growth confirms economy’s resilience

The continued high GDP rate in the fourth quarter of 2021 confirms the resilience and dynamism showed by the Cypriot economy, boosting expectations for further growth in 2022, Finance Minister Constantinos Petrides

16th February 2022

Business

Economy expected to grow 4.1% GDP in 2022

The Cypriot economy is expected to remain robust in 2022 as real GDP is projected to expand by 4.1%, according to the University of Cyprus Economic Outlook According to the university’s Economic

27th January 2022

Business

Cypriot economy recovering at an average 3.7% GDP

The Cypriot economy in 2021 recovered the output lost during the COVID crisis and will continue to grow at an average of 3.7% GDP in 2022 – 2024, the Central Bank of

5th January 2022

Cyprus/Economy

5.3% GDP Q3 growth confirms robust economy

The high 5.3% GDP growth in Q3 2021 confirms the strength of the Cypriot economy, reinforcing expectations for a positive outlook in Q4, the Finance Ministry said. According to preliminary estimates of

17th November 2021

Cyprus/Economy

UCy revises real GDP growth upward

Real GDP growth is projected at 5.4% in 2021 and 4.1% in 2022, upward revisions mainly driven by the strengthening recovery during the second quarter of this year, according to the University

29th October 2021

Cyprus/Economy

DBRS: Cyprus economy to grow at 4.3% GDP

International credit rating agency DBRS Morning Star projects the Cypriot economy’s growth rate will be at 4.3% GDP this year and recede slightly to 4.1% in 2022. The projections are included in

9th September 2021

Cyprus/Economy