IMF: Cyprus Economy to Generate Fiscal Surplus in 2016 and 2017
08:30 - 16 Απριλίου 2016
The International Monetary Fund said that Cyprus’ government will generate a fiscal surplus of 0.1% of the economy in 2016, after generating a 1.7% budget shortfall in 2015, which excludes the recapitalisation of the cooperative banking sector with €175 million in December, according to the Cyprus Business Mail.