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Cyprus News Agency: News in English, 10-04-22

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] CYPRUS - PUBLIC DEFICIT

  • [01] CYPRUS - PUBLIC DEFICIT

    Cyprus public deficit reached in 2009 6,1% of the GDP, or 1,029 billion euro, in absolute numbers.

    According to data issued Thursday by Eurostat, 14 Eurozone member states recorded a deficit over 3% of their GDP, apart from Luxembourg and Finland.

    Cyprus GDP reached 16,947 billion euro, compared to 17,248 billion euro in 2008.

    Public deficit reached 1,029 billion euro or 6,1% of its GDP, while in 2008 Cyprus recorded a surplus of 0,9% of its GDP, or 158 million euro.

    Cyprus public debt increased from 48,4% of its GDP in 2008 to 56,2% of its GDP in 2009, or 9,527 billion euro from 8,347 billion euro in 2008.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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