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Anastasiades Cyprus Economy is on the Right Track
June 21, 2018
President Nicos Anastasiades spoke at the 7th CIPA International Investment Awards on June 19 about the importance of investment in Cyprus.
“I feel obliged to express my gratitude to our valued investors for their vote of confidence and trust, for their ongoing support and determination to develop their businesses in our country, in line with our common vision: to establish Cyprus as a prosperous, reliable and competitive business hub, keen on providing the conditions under which any investor can thrive,” Anastasiades said.
According to the President, Cyprus currently enjoys one of the highest growth rates in the EU of around 4%, while macroeconomic forecasts show a robust growth of more than 3% in the coming years. Unemployment has also been reduced to 8.6% and is expected to be reduced even further.