CYPRUS: Company registrations dropped by 14% in February

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The Cyprus Registrar of Companies released official figures showing that the number of company incorporations on the island has dropped this month by 14% compared to the same period in 2016. Also in January, the total number of company registrations dropped 0.8% to 2,023. Company registrations are an indicator of the overall economic performance of the business services sector, which shows significant signs of slowing down for the rest of the fiscal year.