AGP Executive Report
Last update: 9 hours agoTourism & Travel (Cyprus): Cyprus’ tourism outlook is under pressure as the Central Bank flags Middle East-driven slowdown risk, while separate reporting points to licensing gaps: only about a quarter of hotels have a full licence and just 23% of accommodation is fully licensed. Inflation & Cost of Living: Eurostat puts Cyprus inflation at 4% in June, with fuel, food and housing costs still driving the squeeze on working-class households. Economy & Business: The Central Bank says domestic demand is the main growth engine for 2025 and 2026-28, supported by consumption and investment. Ports & Infrastructure: Cyprus ports authority unveils a €415m roadmap for the Larnaca waterfront. Community & Visitors: Animal Rescue Cyprus is urgently seeking volunteers after its team shrank to 11 people caring for 1,350 animals. Cross-border Travel Rules: EU entry/exit system (EES) rollout is still causing major airport delays, with Cyprus noted as exempt from the system. Security & Media: Pegasus spyware claims continue to hit EU politics, while Cyprus customs seized undeclared tobacco at crossing points.
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