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Economy of Cyprus
Good News! Cyprus Economy Strongly Recovers in 2018
Moody's Investors Service states that the Cyprus economy will continue to grow rapidly, which is beneficial for improving borrowers' repayment capacity, strengthening asset preservation and new loans, helping banks improve performance, and reducing non-performing loans.
Cyprus Economic Growth Projected at 2.2%
What is the economic situation in Cyprus, and is investing in Cyprus for immigration a good option? Worldway's editor brings you the latest information on the economic status of Cyprus.
Lessons from Cyprus's Recovery from the Financial Crisis
After three years of steady reforms, bank restructuring, and fiscal consolidation, Cyprus has finally overcome an unprecedented financial crisis and emerged from the depths. Over the past three years, Cyprus has learned from its past mistakes, demonstrating the strong adaptability of its economy and people, as well as the determination and capability to build and maintain a stable economy, becoming a reliable member of the European Union and the Eurozone.
Cyprus Announces Exit from International Bailout Program
Driven by strong growth in sectors such as tourism, financial services, and construction, the Cypriot economy performed exceptionally well in 2015, successfully emerging from the economic crisis with a 1.6% growth rate, the highest in seven years. Investors immigrating to Cyprus have great confidence in the country's economy. Cyprus has officially announced that it will exit the international bailout program agreed upon with rescue institutions at the end of this month. Cyprus will also become the...