‘Cyprus economy hit by energy prices, tourism dip’

Though resilient to geopolitical headwinds, Cyprus’ economy this year will likely slow down due to higher energy prices and lower tourism arrivals, the International Monetary Fund said on Tuesday.

The IMF’s latest assessment comes under what’s known as an Article IV Consultation – an annual, in-depth health check of a country’s economy. IMF staff visit the member country to review economic and financial policies, assess risks and advise local authorities on how to maintain stability and growth....