The Nicosia Economic Congress has become the leading financial/economic event in the island’s capital where business and government officials meet. This year, the 8th Nicosia Economic Congress aims to bring together key government figures, industry and business leaders, economists, academics and representatives from international institutions to discuss the economic and social progress Cyprus has experienced recently and also, present the economic forecast over the period 2018-2020. This is a must-attend for Board Members, CEOs, Business Leaders, CFOs, Managing Directors and other senior executives of major corporations in Cyprus.
The Cyprus economy was seriously challenged by the financial crisis of 2013 but, despite the great uncertainty that was created at the time, the country exceeded all international expectations, making steady progress towards restructuring the economy and meeting all its international obligations. More recently, Cyprus has performed remarkably, delivering an impressive turnaround as unemployment continues to fall and economic growth rises, and these positive trends have been reflected in repeated upgrades by all the major international credit rating agencies. This year’s economic congress will aim to address these issues by forecasting the future of the economy and labour market, especially in light of the newly elected President and Cabinet. In addition to the local analyses and forecasting, there will also be an international team of media experts who will discuss the future of the economy as seen around the globe. The 8th Nicosia Economic Congress, which will take place on Tuesday, 17 April 2018 at the Hilton Hotel, Nicosia, will bring together a fascinating mix of government officials, academics, media experts for an active discussion of the major issues the economy is facing.
Albeit the tremendous development of the economy, the inelastic labour market of Cyprus still faces challenges and unemployment remains high. This discussion will revolve around the future developments of the labour market: