Ελληνικά | English | Türkçe
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)

*The full text of the news item is available in the paid version of the CNA web service. Subscription Form

*CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.

   

 
 
More news

 Government welcomes upgrading by S&P`s pledging that reform effort will continue
 Fitch upgrades Cyprus outlook to positive citing better public finances performance
 Hydrocarbons can alter energy supplies and potential in Cyprus, says Minister
 Cyprus' long-term ratings raised to B+, Standard and Poor's announces
 Industrial sector shrunk in 2013 for third year in a row
 Cyprus PDMO approves €7.14 applications for six-year retail bonds
Designed & Developed by Cyprus News Agency and NETinfo Services Ltd - Terms and Conditions