A sharp rise in building permits points to a stronger construction sector and a positive outlook for the wider Cypriot economy , according to the Cyprus employers and industrialists federation (Oev) and the Cyprus chamber of commerce and industry (Keve).
Speaking to the Cyprus News Agency (CNA), Oev director general Michalis Antoniou emphasised strong housing demand but warned that labour shortages were limiting the sector’s ability to respond. Keve secretary general Philokypros Rousounides, meanwhile, called for less bureaucracy and faster licensing procedures.
According to
