Statement:
It is easier to do business in Cyprus than in Panama
In the Ease of Doing Business rating
Cyprus holds position #41 2020
out of 181 and Panama is #66 out of 181 2020.
Position of Cyprus is better than position of Panama.
Referencies:
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Ease of Doing Business 2020 by World BankThe countries in the rating sorted by 'Score' in descending order.
Cyprus 'Score' value is 73.4 Panama 'Score' value is 66.6