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Cyprus’ economy is expected to remain resilient
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Cyprus’ economy is expected to remain resilient
Cyprus’ economy is expected to remain resilient despite the shock from the conflict in the Middle East, according to the European Commission’s Spring Forecast released in Brussels. The Commission projects slower growth of 2.3 percent in 2026 and 2.7 percent in 2027. The report says exports of services are set to hold up even with a decline in tourism. It also notes that, for the first time since 2009, Cyprus’ debt‑to‑GDP ratio has fallen below 6…
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