Commodity market report

Cyprus economic outlook Q3 2014

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Report summary

The Cypriot economy is in a period of adjustment following the banking crisis which triggered a bailout of the government in 2013. Entrenched in a deep recession, GDP has contracted for 12 consecutive quarters, leaving the economy 10% below pre-crisis levels. Growing from a low base, GDP is forecast to average 2.9% per annum over 2020-2035, outpacing the Eurozone. However, the outlook is not without risk, government debt soared to 112% of GDP in 2013 – dangerously in excess of the EU 60% limit.

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  • Document

    Cyprus economic outlook Q3 2014

    PDF 258.06 KB

  • Document

    Executive summary

    PDF 74.80 KB

  • Document

    Economic outlook

    PDF 58.31 KB

Table of contents

  • Executive summary
  • Economic outlook

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  • Economic indicators

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