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Cyprus Public Debt Management newsletter (March 2021)

Cyprus Public Debt Management newsletter (March 2021)

The Cypriot economy contracted by 5,05% in 2020 beating projections for deeper recession amid the coronavirus pandemic, according to a flash estimate by the Statistical Service of Cyprus (Cystat). It is noted that the forecasted contraction was -5.5% by the Ministry of Finance, -5.8% by the European Commission, -6.2% by the Cyprus Central Bank and -6.4% by the IMF. […]