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Cyprus will move up several gears to digitalise its economy, with a €283 million EU-backed recovery fund, while teaming up with Estonia, considered the champion of e-government.
More than 2,000 households in Cyprus have applied to benefit from a €35 million fund for home energy efficiency upgrades, with the Energy Ministry considering launching a second round of the same scheme.
Cyprus swimming waters are the best in Europe after receiving a 100% quality rating by the EU’s environment watchdog.
Cyprus needs a robust, efficient and fair business tax framework that supports the post-Covid-19 recovery and is fully aligned with the expected legislative changes. In other words, this is the time to launch the process for a tax reform.