Cypriot economy will start growing again in 2015, IMF says

05/20/2013 | Deutsche Welle (Germany)

The International Monetary Fund said it expects Cyprus' economy to contract 8.7% this year and an additional 3.9% in 2014. In 2015, its economy will return to modest growth and expand 1.1%, the fund said. Joblessness will rise to 15.5% this year and reach a peak of 16.9% in 2014, the IMF said.

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