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Foreign investments key to sustainable growth

July 28, 2022

Evgenios Evgeniou, chairman of the Cyprus Investment Promotion Agency, commonly referred to as Invest Cyprus, on Wednesday said that the country’s efforts to attract foreign companies have helped the economy’s resilience and are contributing toward a more sustainable economic model.

“The Cypriot economy has faced intense challenges as a result of a series of unpredictable external factors, such as the pandemic, the war in Ukraine and the rapid increase in inflation,” Evgeniou said.