Cyprus: The Schengen Zone 2026 Following the full accession of Romania and Bulgaria to the Schengen Zone, Cyprus is now setting its sights on joining as well — a move that would represent a major milestone for the country. The Schengen Zone is made up of 29 European countries that have abolished internal border controls, allowing citizens and visitors to travel freely across member states without...
The Deputy Ministry of Tourism has announced the launch of the tendering process for the award of the development of the Paphos Marina project, through a long-term DBFOT (Design, Build, Finance, Operate, Transfer) concession contract. In its announcement, the Deputy Ministry of Tourism stated that this developmental initiative marks yet another significant step towards establishing Cyprus as a reference...
Cyprus Economic Outlook March 1, 2022 GDP growth accelerated year-on-year in the fourth quarter. Although a detailed breakdown is not yet available, subsectors related to tourism—such as hotels and restaurants—and the internal market—such as wholesale and retail trade—were among those that performed well. Moving on to Q1 2022, easing restrictions should be lending some strength to the tourism...
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