ECONOMY brought to you by CIBA EC: Cyprus’ Public Debt to Drop Below 100% in 2016

The European Commission sees the public debt of Cyprus dropping below 100% of GDP in 2016, Commission Vice President Valdis Dombrovskis told the Cyprus News Agency in an interview.

“Public debt will decline below 100% of GDP this year and that means if Cyprus maintains the current course there is no concern regarding market access,” he said.