5 Minute News

The Need for Development of the Primary Sector in Cyprus

August 14, 2025

Global instability makes self-sufficiency in essential raw materials necessary. Cyprus traditionally had a developed primary sector, significantly contributing to the economy and employment. However, the shift to services has led to neglect of this sector. Many households still prefer to produce their own olive oil instead of buying from stores. Economist Tasos Yasemidis emphasizes the need to reevaluate local product production.