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Cypriot economy contracts by 5% in 2020 — Cystat | Hellenic Shipping News Worldwide


Cypriot economy contracts by 5% in 2020 Cystat
The Cypriot economy contracted by an annual 5 per cent in 2020, beating projections for deeper recession amid the coronavirus pandemic, according to a flash estimate issued on Tuesday by the Statistical Service of Cyprus (Cystat).
Amid a two-month horizontal lock-down in March and April 2020, social distancing and restrictions which lead various sectors of the economy to underperform and dealt a severe hit to the tourism sector with arrivals down by an annual 84 per cent in 2020, the Cypriot output fell into negative territory after five years of growth.
According to the Cystat flash estimate, growth for the Cypriot economy in the fourth quarter of 2020 amounted to -4.5 per cent compared with the respective period of last year. Seasonally adjusted the growth rate in the fourth quarter also amounted to -4.5%, Cystat said ....

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Investegate |SME Credit Real Ltd Announcements | SME Credit Real Ltd: Half-year Report


The LEI number of the Company is 549300ZQIYQVNIZGOW60.
 
ABOUT SME Credit Realisation Fund Limited
The Company is a registered closed-ended collective investment scheme registered pursuant to the Protection of Investors (Bailiwick of
Guernsey
) Law, 1987, as amended and the Registered Collective Investment Scheme Rules 2018 issued by the Guernsey Financial Services Commission ( GFSC ). 
 
IMPORTANT NOTICES
This announcement contains forward-looking statements, beliefs or opinions. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond the control of the Company and all of which are based on its directors current beliefs and expectations about future events. Forward-looking statements are sometimes identified by the use of forward-looking terminology such as believes , expects , may , will , could , should , shall , risk , int ....

New York , United States , United Kingdom , Bailiwick Of Guernsey , Guernsey General , St Peter Port , Northern Ireland , City Of , Channel Islands , Frederic Hervouet , Sachin Patel , Jonathan Bridel , Richard Burwood , Tom Parachini , Public Administration , Technical Services , International Standard On Review Engagements , United Kingdom Financial Conduct Authority , Audit Committee , Credit Realisation Fund Limited Condensed Consolidated Financial , Other Service Activities , International Accounting Standard , International Standards On Auditing , Chairmanchairman Of The Audit Committee , Other Services , Food Services ,