European Parliament 15 May 2012, Written question E-004989/12 Eleni Theocharous (PPE) to the Commission. The economy of Cyprus

Question for written answer E-004989/12 to the Commission Eleni Theocharous (PPE) (15 May 2012) Subject: The economy of Cyprus On the basis of the obligations undertaken by the Republic of Cyprus, the fiscal deficit must be reduced from the 6.3% of GNP that it is today to 2.5%. It is estimated that by 2013 the public debt will have risen to as high as 78% of GNP.