Nevertheless, the Cypriot banking system is still facing a high ratio of non-performing loans, while the energy exploration process in the region has recently triggered geopolitical tension, in relation to Turkey’s claims. A major challenge forward is also Brexit and its implications with regards to the UK-EU relations. Cyprus is a member of both the European Union and the Commonwealth of Nations, while significant Cypriot entrepreneurs are based in London and the island maintains a key role for the British and the EU policy in the broader Middle East region.
It is against this setting that The Economist Events have pleasure in staging their 3rd annual event, entitled “CYPRUS: Interweaving extroversion with aspiration”, at the London Stock Exchange.
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