According to the International Monetary Fund, the Cyprus economy is expected to grow 0.2 percent for the year, which is a reversal from three years of economic contraction. Experts expect businesses from the European Union to play a role in the economic recovery. Cyprus is a nation located to the east of the Mediterranean Sea. Its inhabitants are mostly of Greek descent, but many are Turkish. (adsbygoogle = window.adsbygoogle || []).push({}); According to the International Monetary Fund, the Cyprus economy is expected to grow 0.2 percent for the year, which is a reversal from three years of economic contraction. Experts expect businesses from the European Union to play a role in the economic recovery. Cyprus is a nation located to the east of the Mediterranean Sea. Its inhabitants are mostly of Greek descent, but many are Turkish. According to the International Monetary Fund, the Cyprus economy is expected to grow 0.2 percent for the year, which is a reversal from three years of economic contraction. Experts expect businesses from the European Union to play a role in the economic recovery. Cyprus is a nation located to the east of the Mediterranean Sea. Its inhabitants are mostly of Greek descent, but many are Turkish. read more