In quest of a new growth model for Cyprus
London, May 8 (CNA) - Talk of the need for the Cyprus government to form a new economic growth model is well under way beyond the island’s borders as well, and it involves the international press, economists and analysts.
A common theme is the acknowledgement that along with the banks a very large part of the rest of the services sector will be affected – a serious blow for a country where the tertiary sector makes up 80% of the GDP, tourism included. It’s not all doom and gloom though, as the ongoing debate reveals choices and possibilities.
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