Employers federation praises Cyprus’ EU presidency, calls for reforms

The Cyprus Employers and Industrialists Federation (Oev) on Tuesday welcomed the outcome of Cyprus’ six-month Presidency of the Council of the European Union, saying it not only enhanced the country’s standing but also raised expectations for faster reforms to strengthen the domestic business environment.

The federation said the presidency had been carried out during a period of heightened geopolitical instability and economic challenges, with the Republic responding to its responsibilities...