How do we Maximise the Cyprus Peace Dividend?

A solution to the longstanding Cyprus problem could raise per capita incomes by approximately EUR 12,000, expand the size of the economy by around EUR 20 bln and add on average 2.8 percentage points to real GDP growth every year for 20 years. However, it would be naïve to suggest that such growth rates are guaranteed. Important preparatory work needs to be done to ensure that these growth rates are possible.

Read more in Fiona Mullen’s op ed in Financial Mirror, published 4 June 2014.