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Government, Government of Cyprus

Cyprus Achieves Major Cuts in Debt-to-GDP Ratio, Standing Out Among EU Nations

29 October 202429 October 2024Michalis C. ZambartasCyprus, debt management, Debt-to-GDP Ratio, economic recovery, fiscal policies, public debt, reduction

Cyprus has outperformed its EU peers in managing public debt, achieving a significant reduction in its gross government debt-to-GDP ratio. By the end of the second quarter of 2024, Cyprus’
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