Cyprus and Greece may share a common reference point in real estate and services, yet their balance reveals two distinct growth models, according to Pavlos Loizou, CEO of Ask Wire.
As Loizou put it, “Cyprus continues to ‘build’ its economy. In contrast, Greece lives mainly by utilising what it already has.”
In recent years, he said, real estate-related activities in Cyprus have represented around 15–16 per cent of the country’s
