Cyprus’ government announced a new package of financial support measures for vulnerable groups of the population, to the tune of 103 million euros on Friday, to offset the impact of inflation and the war in Ukraine. The support package amounting to €192 million, which follows another one aimed to mitigate the consequences of the pandemic, was approved on Friday by the Council of Ministers.
Read full articleIn January 2020, Airbnb's were officially allowed to operate in Cyprus, giving tourists an alternate mode of accommodation on the island in addition to hotels and hotel apartments. Airbnb's catered to the younger more adventurous set, looking for a more personalized experience of what the island could offer.
Read full articleThe 7th Cyprus Professional Services Conference took place in Nicosia on 24th May 2022. Chaired by Harris Pistos, Director of International Banking at Bank of Cyprus, the theme of the conference was ‘Rising to meet challenges’ and clearly, with the after-effects of the pandemic and the current war in Ukraine, there was much to be discussed.
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