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2020 Cyprus Country Report

The 2020 Cyprus Country Report features in-depth articles on the economy, foreign direct investment, international trade and headquartering as well as detailed sector profiles and insights from Cyprus’ 100 most influential political, economic and business leaders shaping the future of their country and its industries.

The 2020 Cyprus Country Report features in-depth articles on the economy, foreign direct investment, international trade and headquartering as well as detailed sector profiles and insights from Cyprus’ 100 most influential political, economic and business leaders shaping the future of their country and its industries.

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Economy<br />

GROWTH ON<br />

THE<br />

ORIZON<br />

Following the banking crisis of 2013, <strong>Cyprus</strong> exceeded<br />

expectations and propelled itself into a front-runner as one of the<br />

fastest growing EU economies. Implementing critical reforms,<br />

strengthening investor confidence and launching new incentives<br />

were key to achieving this success. With the break of the<br />

coronavirus pandemic the economy has taken a severe hit along<br />

with many other countries, but early action has proved key in<br />

<strong>Cyprus</strong>’ efforts to secure a sustainable and competitive economy.<br />

<strong>Country</strong> <strong>Report</strong> CYPRUS <strong>2020</strong> 19

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