PwC reports sees services driving Cyprus economy
Service industries, such as banking and accounting, will drive growth in the Cypriot economy rather than construction and manufacturing, according to PricewaterhouseCoopers Cyprus.
The service sector may add 9,700 new jobs and generate 13 million euros a year in extra tax and social security revenue over the next five years, said the accountancy firm in a report titled “Driving Jobs and Growth in Cyprus.”
[Bloomberg]