International Monetary Fund (IMF) World Economic Outlook forecasts that Cyprus’ growth rate for 2023 will slow to 2.2% GDP, down from the 2.5% it had projected in April. For 2024, the IMF
By Craig Erlam Equity markets are bouncing back on Tuesday after a risk-averse start to the week, buoyed perhaps by some promising Fed commentary on Monday. It would appear the recent surge
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
By Craig Erlam Equity markets were broadly lower on Tuesday as traders monitor debt ceiling talks in Washington, take note of new IMF forecasts, and hear fresh warnings from the Saudi Energy
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
The International Monetary Fund (IMF) warned the government against increasing the Cost-of-Living Allowance while pointing to threats posed by a possible rise in Non-Performing Loans due to hiking interest rates. The IMF
By Craig Erlam A mixed start to trading on Tuesday as traders return following the festive break to some rather gloomy forecasts for the coming year. The IMF is among those warning
By Lukman Otunuga, Senior Research Analyst at FXTM A sense of deep unease rippled through financial markets on Tuesday as concerns over the global growth outlook and geopolitical threats left investors on
Cyprus growth is hindered by the Ukraine war fallout, but partial recovery in exports and private consumption will see a 2% GDP rise in 2022, the International Monetary Fund forecasts. It said
Economic growth in Cyprus will slow to 2.1% in 2022, with inflation spiking at 5.3% due to the impact of the Russian invasion of Ukraine and western sanctions against Russia, the IMF
