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The 2018 Cyprus Country Report features interviews, detailed sector profiles and cutting edge insights from Cyprus’ most influential political, economic and business leaders.
Moody’s rating agency said the decline of non-performing exposures (NPEs) by €5.6bn, or 33.6%, stemming from the resolution of the co-operative bank (CCB) is a credit positive for the Cypriot banking system because it reduces asset quality risks and supports depositor
Inflation in Cyprus dropped to 1.0% in December 2018, down from 1.6% in November, while a year earlier the same rate was -0.4%, Eurostat said
The Cyprus fund industry is growing steadily, but could attract more fund managers if it takes advantage of the current opportunities arising from Brexit and the positive momentum created by its new AIF and securitisation laws, says EY Law head Charalambos