The Cypriot economy will pick up momentum in 2018, the University of Cyprus’s Economic Research Centre predicts, upgrading its growth forecast to 3.8% compared with its previous projection of 3.6%.
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Despite the cordial meeting on Friday between Finance Minister Euclid Tsakalotos and his new German counterpart Olaf Scholz, Berlin made it clear that the key Greek demand of debt relief will only be discussed after Greece’s bailout program ends....