European Investment Bank survey suggests 51% Cypriot firms have cut investment during COVID-19 pandemic

Nicosia Chamber of Commerce and Industry of Cyprus and European Investment Bank today presented the main results of the 2020 EIB Investment Survey for Cyprus at the Investment and Investment Finance in Cyprus conference in Nicosia.

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https://www.eib.org/press/all/2021-080-eib-survey-suggests-51-cypriot-firms-have-cut-investment-during-covid-19-pandemic

Retrieved on:

Friday, March 5, 2021

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Continents, Countries, European Union, Multilateral development banks, Eastern Mediterranean, Middle Eastern countries, European Investment Bank, CYPRUS, Nicosia, Outline of Cyprus

Summary

Key Points:

Nicosia Chamber of Commerce and Industry of Cyprus and European Investment Bank today presented the main results of the 2020 EIB Investment Survey for Cyprus at the Investment and Investment Finance in Cyprus conference in Nicosia.
The EIB Investment Survey, outlined today and conducted in Cyprus and across Europe, identifies current investment challenges and priorities for future investment.
Cyprus through the lens of the EIB Investment Survey
In Cyprus, the survey covered 180 firms.
COVID-19 has affected firms investment strategies for 2020 with more than half of firms (51%) investing less than planned, above the EU average (45%).