Cyprus economy shrinks 5.7 pct in Q3 2013

Cyprus’s recession-hit eurozone economy contracted by 5.7 percent in the third quarter of 2013, compared to a year earlier, an official flash estimate said on Thursday.

The dip marks the eighth successive quarter in which the Mediterranean island’s economy has been in negative territory – but the contraction is slightly lower than the annual 5.8 percent decline registered in May to June.


Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.