Commission sees significant vulnerabilities persist despite an improved economic context in Cyprus

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In Cyprus, “significant vulnerabilities persist despite an improved economic context and some recent stepping up of policy commitments”, according to the official communication by the European Commission to the Council of the member states, concerning the country specific recommendations of the European Semester.More specifically, the European Commission presented today the 2019 country-specific recommendations (CSRs), giving economic policy guidance to all EU Member States for the next 12 to 18 months. The Commission also recommends closing the Excessive Deficit Procedure for …

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