Addressing Challenges in the Cypriot Economy
August 17, 2025
Mihalis Antoniou, the General Director of OEB, discusses the challenges facing the Cypriot economy and the successes in overcoming them. He highlights that the economy has strong foundations and resilience despite issues like high energy costs. He points out the services sector as a profitable area and notes the risk in international transport. The strategy should focus on high-value and sustainable development sectors. Antoniou concludes that despite the challenges, the economy shows resilience.