The economy of Cyprus is expected to slow to 2.5% GDP in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, the International Monetary Fund
Capital Intelligence Ratings has affirmed the Republic of Cyprus’ long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) at ‘BBB-’ and ‘A3’, respectively, saying that the outlook on
The International Monetary Fund (IMF) maintained its projection for Cyprus’ economic growth in 2023 at a slower 2.5%, while real GDP growth is expected to pick up the pace next year. In
Family businesses with a company purpose connected to the United Nations’ Sustainable Development Goals (SDGs) are performing better than their peers across multiple financial and social metrics, according to PwC’s Global Family
The Cypriot economy is expected to grow by 2.5% GDP in 2023, well above the euro area average of 0.5%, said Central Bank governor Constantinos Herodotou. Herodotou said the economy showed notable resilience in 2022, recording
Real GDP growth is projected at 5.6% for 2022 and 2.6% for this year after an upward revision by the University of Cyprus Economics Research Centre. In its report, the Research Centre
Cyprus’ public finances have improved due to increased GDP growth, although they are expected to be adversely affected by a projected slowdown, according to the EU’s 13th Post-Programme Surveillance Report. In the
Rating agency DBRS Morning Star has downwardly revised Cyprus’ growth outlook again amid gloomier forecasts for the global performance considering soaring inflation and heightened uncertainty due to the Ukraine war. In its updated forecasts, the
Eleven years ago, Demetra Kalogerou set out to lead a small and unknown regulatory agency in the corner of Europe. By the time her tenure at CySEC was up a year ago,
The Central Bank of Cyprus (CBC) has downgraded its forecast for 2022 GDP economic growth by 0.9 percentage points due to the negative effects of the Ukraine war and the sanctions against
