Brussels, 03/07/2014 (Agence Europe) - Cyprus seems determined to beat the troika's forecasts (the troika being the European Commission, the European Central Bank and the International Monetary Fund). The IMF has again revised several of its indicators upwards. It had forecast in its third monitoring mission that unemployment, for example, would hit 19.2% of the working population, but has now revised the forecast to 18.6% in 2014 and 18% (rather than 18.4%) in 2015.
The aid to cover the...