The industrial sector in 2015 registered a positive growth rate in real terms after six years of recession, according to the annual report 'Industrial Statistics, 2015' published by the Statistical Service of Cyprus.
At the same time, according to the latest data, industrial production for the nine months of 2016 increased by 8.4%.
On the basis of provisional estimates, for 2015 growth rate for the whole of the sector recorded an increase of 2.9% in 2015, compared to decreases of 0.3% in 2014 and 6.9% in 2013.
Source: CNA
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
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