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2010 GDP Sees 1% Growth - Estimate

cyprus gdp 2010Cyprus' Gross Domestic Product (GDP) grew by 1 percent in 2010, according to the latest estimates from the Cyprus Statistical Service (CYSTAT).

The revised figures for the fourth quarter show a growth of 0.5 percent over the third quarter, or 2.5 percent over the same period in 2009.

The study cites improvements in Tourism, Transport and Trade.

But negative performances persisted in Construction and Manufacturing, said CYSTAT.
 

Poll

Do you think Cyprus should leave the euro and return to the pound?
Yes, we're too exposed to the eurozone's woes
62%
No, we can get through the crisis and benefit from the euro
24%
Undecided, there are pros and cons on both sides
13%
Total votes: 413