Finance Minister Makis Keravnos on Friday sounded the alarm, describing the current economic situation as alarming. Speaking on CyBC’s morning radio programme, the minister warned that Cyprus’ economy, which heavily depends on services and tourism, is at risk as the European Union grapples with shifting trade dynamics. The minister’s warning comes as the EU faces mounting pressure from global economic shifts, some of which challenge long-established trade norms.
“The European
