Sectors

Energy: RES

Although still heavily reliant on fossil fuels, increased investment in renewable energy sources and a strong focus on research and innovation are fostering fresh efforts for Cyprus to develop a zero-carbon economy.

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Insights
Hayley Buckle

Hayley Buckle

Director of Recruitment, GRS Recruitment

As Cyprus is preparing itself for a post-Covid-19 working life, employers should maintain flexible workplace policies to retain and attract new talent, says Hayley Buckle, Director of Recruitment at GRS Recruitment.

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Editor's Choice
Improved GDP sees estimate for growth in 2021 upped

Improved GDP sees estimate for growth in 2021 upped

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COUNTRY OVERVIEW

An Island Transformed

Cyprus is going through exciting times of growth and development thanks to a renewed boost in confidence with foreign investors flocking back to its shores, attracted by the improved economic climate, large-scale projects and bourgeoning prospects in the real estate, investment fund and energy sectors.

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  • Cyprus at a Glance

    Key facts and figures about the country, geography, people, government and economy plus 2021 public holidays.

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  • Country & People

    Vibrant business centres and tranquil villages; traditional values and cosmopolitan lifestyle; sun-kissed beaches, fertile valleys and snowy mountains: Cyprus is a land of contrasts with many faces.

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  • Economy Overview

    Following the banking crisis of 2013, Cyprus exceeded expectations and propelled itself into a front-runner as one of the fastest growing EU economies.

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  • Foreign Direct Investment

    Cyprus has attracted formidable foreign investment over the last five years with billions of euros flowing into multiple sectors.

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Cyprus Investment Funds Guide 2020

Cover of Country Report 2019

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