UCY: 2023 GDP growth, inflation at 3%

GDP growth and inflation will drop to 3% in 2023, according to forecasts of the University of Cyprus’ Economic Research Centre. The ERC noted the projection for 2023 remains unchanged compared to

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UCy accused of wasting public funds

The University of Cyprus has come under the microscope of Auditor General Odysseas Michaelides, who pin-pointed financial waste and employment of an academic convicted for corruption. In his latest report on the

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

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Economic sentiment down, says UCy survey

Economic sentiment dropped by 1.5 points in September, despite a steady recovery since April, due to weakened business confidence in services and, to a smaller extent, from a fall in construction confidence,

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