The world is currently witnessing a tumultuous period marked by three significant wars that have far-reaching geopolitical, geoeconomic and energy implications. The Russo-Ukrainian war, the Nagorno-Karabakh conflict, and the Israeli-Palestinian (Hamas) war have shaken the global geopolitical landscape.

During a House finance committee meeting, Deputy Tourism Minister Costas Koumis revealed projections of record-breaking revenue close to €3 billion from tourism in 2023, while presenting the deputy ministry’s budget for 2024.

A study released by the EU’s statistical service Eurostat on Monday revealed that social protection expenditures related to illness and healthcare in Cyprus accounted for 6 per cent of the GDP in 2022. At EU level, the figure stood at 8.1 per cent.