IMF says Cyprus at risk of even deeper recession

The IMF says serious risks still loom for the Cypriot economy even after a multi-billion dollar international bailout aimed at averting a debt default.


An IMF report released Friday predicted a deep recession in Cyprus this year and next and said there is a danger that the downturn could be even more severe if authorities do not adhere strictly to conditions imposed as part of the bailout deal. (AP)



פרסום ראשון: 05.17.13, 17:21