Cyprus Economy Outpaces EU Average Despite Middle East Turmoil

Cyprus economy grows 3.3% despite Middle East pressures

Eurostat data showed Cyprus’s economy grew at an annual rate of 3.3 per cent in the second quarter, comfortably outpacing the European Union’s 1.4 per cent and the eurozone’s 1.2 per cent, even as geopolitical turmoil in the Middle East continued to weigh on the wider region. The data also showed seasonally adjusted GDP rising […]

By Petra Argyrou