Cyprus Business Now: tourism, climate action, banks, trade deficit

The Cyprus Chamber of Commerce and Industry’s (Keve) tourism committee on Thursday warned that Cyprus’ tourism sector is at a critical juncture, calling for immediate state intervention to prevent irreversible losses.

The committee convened to assess the  impact of geopolitical developments in the Middle East on Cyprus’ economy and tourism industry , highlighting growing risks for the sector.

Despite a recent temporary ceasefire in the region, it stressed that  “there