{"id":74,"date":"2017-12-01T19:33:08","date_gmt":"2017-12-01T17:33:08","guid":{"rendered":"http:\/\/hardouvelis.com\/?p=74"},"modified":"2023-08-02T16:09:45","modified_gmt":"2023-08-02T13:09:45","slug":"cyprus-quarterly-economic-outlook-december-2017","status":"publish","type":"post","link":"https:\/\/hardouvelis.gr\/el\/cyprus-quarterly-economic-outlook-december-2017\/","title":{"rendered":"Cyprus Quarterly Economic Outlook &#8211; December 2017"},"content":{"rendered":"<p><strong>Cyprus Quarterly Economic Outlook<\/strong><br \/>\nAuthors: G. Hardouvelis, I. Gkionis<br \/>\n<em>Publication: December 2017, Year 2, Issue 5<\/em><\/p>\n<h3><span class=\"fontstyle0\">Key points<\/span><\/h3>\n<ul>\n<li><span class=\"fontstyle0\">The solid economic performance continues into the fourth<br \/>\nquarter of 2017 with particularly visible positive signals<br \/>\nemanating from the property market<\/span><\/li>\n<li><span class=\"fontstyle0\">In Q3-2017 the economy expanded by 3.9% on an annual<br \/>\nbasis, bringing the 9M-2017 performance to 3.8%<\/span><\/li>\n<li><span class=\"fontstyle0\">Rating agencies continue to assign a positive outlook in their<br \/>\nCyprus ratings: DBRS was the latest agency to do so in<br \/>\nDecember within its long-term sovereign rating of BB+<\/span><\/li>\n<li><span class=\"fontstyle0\">Fiscal performance continues solid despite upcoming elections:<\/span>\n<ul>\n<li><span class=\"fontstyle0\">The general government surplus is expected to outperform the 1% target for this year<\/span><\/li>\n<li><span class=\"fontstyle0\">The general government primary balance came to 4.8%<br \/>\nof GDP in the first ten months of the year<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span class=\"fontstyle0\">Public debt is projected to drop below the 100% threshold in<br \/>\n2017 on early loan repayment by the Ministry of Finance to<br \/>\nthe Central Bank<\/span><\/li>\n<li><span class=\"fontstyle0\">NPEs remain the single largest vulnerability of the economy<br \/>\nwith banks lagging behind the Central Bank\u2019s restructuring<br \/>\ntargets for 2017 Q2<\/span><\/li>\n<\/ul>\n<p><a href=\"http:\/\/hardouvelis.gr\/wp-content\/uploads\/2018\/06\/QUARTERLY-ECONOMIC-MONITOR_EUROBANK-CYPRUS_DECEMBER_2017_Issue_5_Dec_21.pdf\" target=\"_blank\" rel=\"noopener\">Download Cyprus Quarterly Economic Outlook, Year 2, Issue 5<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cyprus Quarterly Economic Outlook Authors: G. Hardouvelis, I. Gkionis Publication: December 2017, Year 2, Issue 5 Key points The solid<\/p>\n","protected":false},"author":1,"featured_media":4399,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3259,9],"tags":[],"yst_prominent_words":[101,102,96,95,2340,106,48,2345,100,107,98,105,103,99,104,97,2342,108],"class_list":["post-74","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cypriot-economy-analysis","category-economic-analysis"],"acf":[],"_links":{"self":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/74","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/comments?post=74"}],"version-history":[{"count":1,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/74\/revisions"}],"predecessor-version":[{"id":4367,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/74\/revisions\/4367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media\/4399"}],"wp:attachment":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media?parent=74"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/categories?post=74"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/tags?post=74"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/yst_prominent_words?post=74"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}