The Cyprus Economy
The Cyprus Economy Two years after the financial crisis
Nicos S. Kyriakides Partner - Head of Financial Advisory Services Deloitte Cyprus Moscow, 09 June 2015
Contents
1. Cyprus at a Glance 2. The Crisis of March 2013 and the Road to Recovery 3. Current Macroeconomic Outlook 4. Competitive Advantages & Tax Framework 5. Investment Opportunities
? 2015 Deloitte Limited
2
Cyprus at a Glance
? 2015 Deloitte Limited
3
Cyprus at a Glance
Republic of Cyprus ? Basic Data
? Cyprus is the south eastern outpost of the EU, located in the east Mediterranean at the crossroads of three continents; Europe, Asia and Africa
? It is the third largest and third most populous island in the Mediterranean
? It covers an area of 9,251 Km? and its total population was 866,000 as per the last census in 2012. (1.100.000 including the occupied areas)
? The Republic of Cyprus is an independent state with a presidential system, and a member state of the EU since 2004
? Cyprus has joined the Eurozone since 1 January 2008 and as a result its official currency is the Euro ()
? 2015 Deloitte Limited
4
The Crisis of March 2013 and Road to Recovery
? 2015 Deloitte Limited
5
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