Cyprus Business Now: startups, tech, IMF, fintech, Hormuz, competitiveness, jobs

The Cyprus Economy and Competitiveness Council on Monday presented the Cyprus Competitiveness Report 2025, highlighting the need to attract more productive investments that create genuine economic activity, new jobs and knowledge transfer as one of the country’s foremost economic priorities.

Presenting the report’s findings in Nicosia, University of Cyprus economics professor Sofronis Clerides, who led the research team responsible for the study, said that competitiveness can no longer be...