Cyprus will face the full brunt of negative effects of Brexit

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Cyprus will be among the countries hardest hit from deteriorating relations between the UK and the European Union post-Brexit, new research from the Centre for Economic Policy Research has shown. Smaller economies such as Cyprus, Malta, the Republic of Ireland and Luxembourg have a large trade surplus with the UK and these are the countries will have the greatest interest in securing a good deal when negotiations are scheduled to start at the end of this month.