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The European Commission’s summer forecasts on Cyprus economic growth shows the recovery of the Cypriot economy and are aligned with our projections for a growth rate over 4% in 2021, the Finance Ministry said commenting the Commission’s economic forecasts announced earlier today. The EU Commission said the Cypriot GDP is estimated to grow by 4.3% in 2021 upgrading its previous projection over a 3.1% growth rate. The Cyprus Finance Ministry updated its projection estimating a growth rate over 4% for 2021. This …
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