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In quest of a new growth model for Cyprus
CNA/Thanasis Gavos - UK/London 8/5/2013 12:09


1205:CYPPRESS:03

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.

(CNA)

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