
Cyprus economy slows down in fourth quarter amid regional tension
Cyprus’ Composite Leading Economic Index (CLEI), a key economic indicator compiled by the University of Cyprus’ Economic Research Centre (CypERC), remained positive in the fourth quarter of 2023, albeit while experiencing a slowdown during this period. The centre noted that the ongoing deceleration of the index underscores the challenges posed by a geopolitical environment rife with tension, combined with a broader sense of economic instability, on