Our comprehensive assessment of Cyprus's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Cyprus, as well as the latest industry developments that could impact Cyprus's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Cyprus before your competitors.
Cyprus Country Risk
Cyprus has emerged from a prolonged recession. Regardless, the economy will continue to be challenged by a weak external environment, public sector austerity, competitive pressures on wages and disposable income, and high levels of non-performing loans in the banking sector.
Negotiations between Greek and Turkish Cypriots on the 40-year-old 'Cyprus problem' are reaching a crucial phase. The odds of a deal to reunify the island are higher now than they have been since the last major peace effort ended in 2004.
The Cypriot government has exited its 2013 EU/IMF bailout, but the series of structural and fiscal reforms put in place under the programme have put the country in a position to boost private sector activity and reduce the public debt overhang substantially over the next decade.