The Central Bank of Cyprus (CBC) has lowered its growth forecasts for the Cypriot economy for 2026 and 2027, pointing to the impact of the war in the Middle East and warning that risks remain tilted to the downside.
In its June 2026 economic bulletin, the CBC said it now expects GDP to grow by 2.5 per cent in 2026 , down from the 2.7 per cent forecast in March. Growth in
