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The Central Bank of Cyprus (CBC) sees certain downside risks to the Cypriot economy for the period 2020-2022, that may lead to slower economic growth, despite the positive course of economic activity, as well as the continued robust economic growth. Non – performing loans (NPLs) which are overdue for a period of more than five years as well as various geopolitical developments such as Brexit, US-China trade war, pose potential threats for Cyprus economy for the period 2020-2022 according to Central …
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