Here's The Official Projection For How Much The Cyprus Economy Is Going To Get Crushed This Year

After a bailout that decimated the country’s banking system, the EU has just put out an official projection for what the Cypriot economy is expected to do this year.

The projection is part of a bigger set of projections, which can be found here.

As for Cyprus, look for shrinkage of just under 9%.


Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.