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 is past the worst of its brutal 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 the deleveraging of 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, though the next few months will be the most significant in signalling a true turning point.
Although the Cypriot government's fiscal consolidation plan will pay dividends in terms of long-term growth and reducing the public debt overhang, it has come at the cost of weakening near-term economic activity....