HB: Cyprus’ Economic Growth Continues to Strengthen

07:04 - 19 Απριλίου 2016

 Hellenic Bank assesses that Cyprus' macroeconomic outlook is positive, with GDP expected to grow in 2016 reaching levels of up to 2%. The moderate pick-up in domestic demand is expected to be reflected into improved labor market conditions, with unemployment starting to ease gradually. Inflation is also expected to remain low, weighed down by recent declines in oil prices.  
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