Cyprus Business Now: tourism, inflation, property, shipping, fuel, Cyta

Cyprus’ tourism sector is showing signs of stabilisation after the US and the United Kingdom revised their travel advisories for the island, in a move seen as helping restore confidence in the country’s image as a safe destination.

Deputy Tourism Minister Costas Koumis described the revision as a positive development, saying Cyprus tourism is now moving towards a period of normalisation after months of disruption linked to regional tensions....