Economy

Of all the risks facing the globe in 2005, the most potentially serious – although uncertain – is a global flu pandemic originating from the H5N1 strain of bird flu that first... 2006-01-10

Of all the risks facing the globe in 2006, the most potentially serious – though uncertain – is a global flu pandemic originating from the H5N1 strain of bird flu that first surfaced... 2006-01-09

We will be revising our forecasts next month, as part of our regular quarterly review process. The new forecasts will take into account the immediate and medium-term impact of the... 2005-12-05

We remain optimistic about prospects, although our forecast of 4.6% GNP growth in 2005 is more bearish than the consensus. Overall, our key concern remains the current account, although... 2005-12-05

We estimate real growth at 5.1% in 2005, though risks are weighted to the downside given reports that growth slowed in Q4. Our 2005 inflation forecast has risen to 2.8% as inflation... 2005-12-05

We expect real growth to rise to 5.7% in 2006 as the impact of the tax cuts introduced in July is felt, as investment inflows increase and tourism continues to expand. Plans to reform... 2005-12-05

Agreement has been reached on opening Gaza’s border crossings, enabling goods and people to move between Gaza, Israel and Egypt.

BMI View: The Cypriot economy continues to outperform the EU average and is forecast by BMI to grow by 3.7% this year, with a small downside risk linked to the pass-through from global... 2005-11-09

BMI View: We continue to believe that growth will under-shoot the target in 2005, due to poor export performance in light of lira strength and slow eurozone growth. The key area of... 2005-11-09

BMI View: Our real GDP growth forecast for 2005 is 3%, followed by 2.5% for 2006. Growth in recent years has been driven largely by oil exports. However, not only does oil growth... 2005-11-09