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

 Co-ops reveal €109.5 mn profit in first nine months
 Transport sector increases in third quarter of 2014
 FBME applies to International Chamber of Commerce against Cyprus
 Finance Minister: The difficult consolidation effort must continue
 Completed oil storage terminal at Vassiliko awaits first customers
 Cyprus and Greece sign Memorandum of cooperation on SMEs
 Largest annual decline in tourism revenue recorded in September
 Minister of Finance: We lay the foundations for a more viable growth model
 Bank deposits decline for fifth consecutive month
 Financial Ombudsman's office starts operating on Friday
Designed & Developed by Cyprus News Agency and NETinfo Services Ltd - Terms and Conditions