Cyprus economy ‘performing strongly’, says Dijsselbloem

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Cyprus economy ‘performing strongly’, says...
 © BusinessMail 2017
By Stelios Orphanides

The chairman of the euro area finance ministers, Dutchman Jeroen Dijsselbloem, said that the economic performance of Cyprus is “very strong and very good” and that growth may exceed 3 per cent this year.

“There is very good news on the economic recovery which, together with progress in previous years in fiscal consolidation, has led to a strong primary surplus,” Dijsselbloem told reporters following Friday’s Eurogroup meeting in Valetta, Malta.

“There is now a growth rate in Cyprus of, I believe, 3 per cent or maybe even over 3 per cent,” he said.

The Cypriot...

Cyprus economy ‘performing strongly’, says Dijsselbloem

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