Benefits of the euro for Cyprus

The euro will strengthen macroeconomic stability in Cyprus, ensuring low inflation and low interest rates that are a pre-condition for long-term economic prosperity. The single currency brings stable prices for citizens and more opportunities for businesses. Moreover, being part of the single currency and the euro area also engenders further trade opportunities in the global economy and attracts foreign investment.

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Year of publication:	2007
Institutions:	Europäische Kommission / Generaldirektion Wirtschaft und Finanzen
Published in:	Europäische Kommission / Generaldirektion Wirtschaft und Finanzen - Euro Papers ; 2007
Subject:	Euro \| Zypern \| Cyprus

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Extent:	3 Seiten p. application/pdf
Type of publication:	Book / Working Paper
Language:	English
Classification:	Currency. Monetary policy ; Individual Reports, Studies ; Cyprus
Source:	ArchiDok

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