Cyprus will be hard hit by Brexit, KPMG says

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Cyprus will be hard hit by Brexit, KPMG says
 © CyprusMail 2017
Cyprus will be among the countries hardest hit from deteriorating relations between the UK and the European Union post-Brexit, new research from KPMG has shown.

KPMG’s chief economist Yael Selfin told CNBC that smaller economies – countries with which the UK has a large trade surplus – will have the greatest interest in securing a good deal when negotiations are scheduled to get underway at the end of this month.

These include Cyprus, the Republic of Ireland, Malta and Luxembourg.

According to the Centre for Economic Policy Research, an economic policy think tank, Ireland, Cyprus and...


Cyprus will be hard hit by Brexit, KPMG says


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