Recently the European Commission published the progress indicators concerning the implementation of the 17 Sustainable Development Goals of the United Nations as identified and defined in the Agenda 2030. In seeking Sustainable
Family businesses must evolve to continue being the backbone of Cyprus’ economy, shake off the coronavirus pandemic and deal with the impact of the war in Ukraine. Family firms in Cyprus, accounting
Leaders worldwide are reaffirming their commitment to accelerate measures to fight climate change. Similarly, Christine Lagarde, President of the European Central Bank (ECB), recently stated the fight against climate change is on
The emerging blockchain technology became known through Bitcoin, the first practical application of this technology. However, the prospects of blockchain technology do not stop at cryptocurrencies. Around the world, companies from all
In Cyprus, 17% of businesses sold online (at least 1% of total turnover), just a little under the EU average of 22%. This percentage increased by 2 percentage points from 2019. In
The number of businesses in Cyprus rose for a fourth consecutive year in 2020, albeit the annual rise was contained to 2% due to the Coronavirus pandemic. According to the enterprise registry
A week before businesses are obliged to scan customer Safe Pass documents electronically; retailers have expressed their concerns as the application (CovScan) has proved problematic. The government allowed a grace period for
From Monday, businesses are obliged to verify their clients’ Safe Pass validity using an application designed by the Deputy Ministry of Innovation, called CovScan. The cabinet-approved decision is perceived as a move
One out of ten businesses in Cyprus is still refusing to accept credit cards as payment for services and goods, despite a Finance Ministry decree obliging them to do so. As of
More than one in ten small businesses (13%) were forced to shut down during 16 months of coronavirus restrictions and lockdowns. Shopkeepers still withstanding the hits delivered by the pandemic are calling
