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Cyprus

Key Indicators

IMF
GDP VOL. (2005=100) - CYPRUS
(INDEX NUMBER)
96.2,100,104.04,108.58,112.74 112.74
IMF
HARMONIZED CPI 2005=100 - CYPRUS
(INDEX NUMBER)
100,102.25,104.46,109.03,109.22 109.22
IMF
UNEMPLOYMENT RATE - CYPRUS
(PERCENT PER ANNU)
3.69,5.2,4.12,3.92,3.65 3.65
Total Exports
(€ths., NSA)
62216,71837,84693,70829,82301 82,301
Real Estate
Building permits - Total
(Ths. Cyprus Pounds, NSA)
258876,153816,233496,225330,216478 216,478
data by Moody's

RGE's Q1 2010 Eurozone Outlook

The exit from recession in the second half of 2009, which follows five quarters of negative growth, and the resumption in world growth, has led RGE and others to revise upward forecasts for eurozone growth. The flow of recent hard data, however, confirms the eurozone’s position as growth laggard among advanced economies. This assessment is further corroborated by Germany’s flash estimate of flat Q4 2009 growth, released by the statistical office in mid-January 2010. The disappointing flash estimate in Germany may well turn out to be an inventory-related statistical outlier, but survey indicators in the last quarter of 2009 point to a deceleration in activity over the turn of the year.

Along with net exports, this reliance on temporary factors—such as further positive growth contributions...

Read the Q1 2010 Eurozone Outlook.

Daily Digest

Analysis

The Cyprus talks: A fillip for Talat?

Economist  Mar 11, 2010

RGE Writings

Bremmer-Roubini 2010 Global Forecast

RGE Analysts' EconoMonitor  Nouriel Roubini and Ian Bremmer Jan 28, 2010

Analysis

ECB Financial Stability Review: A Few Comments

BNP Paribas  Luigi Speranza Dec 21, 2009

Analysis

A Mediterranean maelstrom

Economist  Dec 10, 2009

News

Cyprus adds obstacles to Turkey EU accession

Financial Times  Tony Barber Dec 8, 2009

News

Turkey warns on EU sanctions over Cyprus

Financial Times  Tony Barber Dec 3, 2009

Analysis

Eurozone Exits Recession with GDP Growth of 0.4% in Q3

Global Insight  Nov 13, 2009

News

Lost homes and legal battles: Cyprus

European Voice  Nov 5, 2009

News

Eurozone jobless rate to rise into 2011: EU

EU Business  Nov 3, 2009

Analysis

Cyprus downbeat on unification talks

Financial Times  Tony Barber Oct 29, 2009

News

Greece, Cyprus voice support for Turkey's EU bid

Southeast European Times  Oct 20, 2009

News

Cyprus tourist arrivals plunge

AFP  Oct 16, 2009

Analysis

Ankara Reacts Positively to Papandreou's Stance on Cyprus

Jamestown Foundation  Emrullah Uslu Oct 7, 2009

Analysis

Cyprus: Reunification or Partition?

International Crisis Group  Sep 1, 2009

News

ICG warns of possible Cyprus partition

Financial Times  Delphine Strauss Sep 30, 2009

News

Turkish Cypriot leader gloomy on UN talks

Financial Times  Tony Barber Sep 15, 2009

News

Cypriot Economy to Shrink 0.5 Percent This Year on Tourism Drop

Bloomberg  Maria Petrakis Sep 12, 2009