Macroeconomic stability

Cyprus is a dynamic, flexible and adaptive economy, which has seriously taken up the challenge of intensified competition, emanating from its accession to the European Union and the worldwide trend towards globalisation. The implementation of wide-ranging structural reforms has enhanced macroeconomic stability and lead to the creation of new business opportunities for dynamic investors.

The country has a market-orientated economy in which the private sector plays a dominant role. The Cyprus economy is characterised by macroeconomic stability, combined with high real growth, low inflation and full employment conditions.

The standard of living is among the highest in the EU and the performance of the economy compares favourably with that of most European Union member states.

For further information please visit the Cyprus Investment Promotion Agency CIPA