Cyprus Business Now: An Economic Surge and Labour Demands
Cyprus is currently experiencing a tourism boom, leading to a surge in labor demands within the sector, with areas like Protaras witnessing significant growth in visitor numbers. Moreover, the nation’s economic forecast paints a positive picture, with strong GDP growth expected, and the banking sector showing positive signs of growth with increased loans and deposits. The government is focusing on balancing local employment with foreign labor to support this economic surge.