Financial Mirror (Cyprus)

EIU forecasts slowdown, car tax trouble

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The Economist Intelligen­ce Unit expects GDP growth to slow down to 3.4% in 2006 from 3.8% in 2005, due to a fall in tourism from the UK, while the tax imposed on used car imports from the EU has stirred troubles in Brussels, according to the issue 667, on April 19, 2006.

The EIU forecast in its March country report that real GDP growth will slow from 3.8% to 3.4% in 2006, due to a slowdown in domestic demand in the UK that will impact the tourism sector.

EIU

forecast:

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