Leading economic index shows prospects for growth
Cyprus Composite Leading Economic Index (CCLEI) marked its second consecutive annual gains in May, showing prospects for economic growth following the adverse consequences from the continuing Covid pandemic. According to a press release, the CCLEI, compiled by the University of Cyprus’ Economic Research Centre (ERC) in collaboration with Hellenic Bank, recorded an annual increase of […]
Central Bank of Cyprus (CBC): Economy to grow with a moderate pace in 2021
Central Bank of Cyprus (CBC): Economy to grow with a moderate pace in 2021 The Cypriot economy will recover in 2021 albeit with a more moderate pace compared with the previous projections affected by the lockdown measures in January and April this year which had a less severe toll on the economy, the Central Bank […]