Central Bank Lowers Growth Forecasts for 2026 and 2027
The Central Bank of Cyprus has revised downward its growth forecasts for the Cypriot economy in its June bulletin, citing the impact of the war in the Middle East. The bank now expects GDP growth of 2.5 percent but warns of further downside risks. The report also addresses banking, inflation, and major companies such as CITEA, PwC, and Logicom.