UK, French elections add no downside risks to Cypriot economy, economists say

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UK, French elections add no downside risks to...
 © BusinessMail 2017
By Stelios Orphanides

The outcome of the recent parliamentary elections in the UK and France are unlikely to add to the Cypriot economy’s downside risks, the chief economists of two major Cypriot banks said.

Thursday’s general elections in the UK deprived Prime Minister Theresa May’s Conservatives the clear victory over the Labour party she had hoped for after she called for a snap election in April. Instead, the outcome forced her into seeking an alliance with Northern Ireland’s Democratic Union Party (DUP), known for its reactionary positions which would produce a thin majority in the...


UK, French elections add no downside risks to Cypriot economy, economists say


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