When Cyprus's island president Nico Anastasiades was re-elected, he found the country in one of the most severe economic crises in the history of this nation. Since he was elected, some steps have been taken to bring the economy back into stability. It is expected that in 5 years the country will recover economically and become one of the fastest growing economies in the EU.
Due to the free-market Cyprus develops, businesss environment and stable tax regime, the economic perspective of the country is quite positive.
As for the government, President nicos has been highly approved during this new term. There is a very strong political division and it is still very uncertain to say that there may be a reunification of the country. This will depend on the parties and the approval of the population, with their vote. The fuse was last year, when there was a collapse between Grecians and Cyprian Turks, when such subject was brought to table. With Nico's government, stability and negotiation among partisans are expected.
Answer:
Explanation:
lobbyists write many laws
they indirectly pay politicians to have them pass
these laws are favorable to the companies the lobbyists work for
so economics are not put in consideration when these laws are passed
The setting is similar to the setting of Ovid's Pyramus and Thisbe because : both take place in time periods in which men carry weapons
Both characters in those two stories involved in several sword fight (which you won't find in the stories which have a more modern time setting)
hope this helps
The following indicators placed based the category they belong:
Leading economic indicators:
- The unemployment rate
- Average duration of unemployment
- The trade deficit
- Interest rate spread
Not leading economic indicators:
- Manufacturer's order for durable goods
- Building permit
- Housing starts
<h3>What is unemployment?</h3>
Unemployment can be defined as the situation in which a person who is able and willing to work do not find a suitable job at a period of time. Unemployment is one of the most important determinant of the economy because it constitute the factors used to determine production and growth of an economy.
Learn more about unemployment:
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