ECONOMY

Cyprus debt rises in Q1 2023

Cyprus debt rises in Q1 2023

Private debt in Cyprus (households and non-financial corporations) was 218% of GDP in Q1 2023, with debt in absolute numbers totaling €60.1 billion, the Central Bank of Cyprus said Tuesday.

Household debt at end-March was €20.2 billion, €200 million higher than at end-2022. 

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