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Post-Programme Surveillance Report - Cyprus, Spring 2020
This report by the European Commission presents the findings of the eighth post-programme surveillance mission to Cyprus and identifies remaining challenges for the Cypriot economy. After several years of remarkably strong growth, the global outbreak of Covid-19 is tilting the Cypriot economy into a deep recession in 2020. Cyprus had enjoyed a period of strong growth in the aftermath of its banking crisis, with real GDP increasing by a quarter from 2014. […]