ECONOMY The registration process for the Register of Foreign Interest Companies, which is managed by the Business Facilitation Unit, is being completely modernized. Photo credit: Unsplash Cyprus picks up investment momentum Dorita Yiannakou Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built. READ MORE
ECB raises interest rates by 0.75%. Banks' access to cheap liquidity is restricted. 27/10/2022 | BUSINESS
Slight decrease of tourist beds in the EU in 2021, Cyprus remained stable Eurostat reported this slight decrease compared to 2019 Source: CNA 27/10/2022 | BUSINESS
Cyprus has come a long way in restoring reputation over anti-money laundering issues US Ambassador Judith Garber stated at EY's Cyprus Attractiveness Forum Source: CNA 27/10/2022 | BUSINESS
Workplace accidents decreased in 2020, but severity of nearly 50% not specified According to Eurostat, there was a total of 1,527 work accidents in 2020, compared with 2,168 in 2019 in Cyprus, and 16 ... Source: CNA 20/10/2022 | BUSINESS
Cyprus launches Tech Ecosystem Map Will serve as a link between the local tech and innovation ecosystem and the international business and investment community ... Source: CNA 20/10/2022 | BUSINESS
Payabl. Group CEO, Ugne Buraciene to present and host panel at Reflect Festival, Limassol 20/10/2022 | BUSINESS
Youth unemployment in Cyprus in 2021 at 14.2%, compared to 13% across the EU According to Eurostat, the rate of Cypriots aged 15-19 that were unemployed was higher than in the EU in 2021 Source: CNA 19/10/2022 | BUSINESS
