AGP Executive Report
Last update: 7 hours agoTourism and investment: Israeli visits to Cyprus reached nearly 600,000 last year, alongside growing investment. But residents warn the influx is squeezing local businesses and changing neighbourhoods. Energy: Nexans says production for the Greece-Cyprus power link may not restart before 2028, with completion now projected for 2031, extending uncertainty around the project. Eastern Mediterranean: Libya’s eastern parliament approved a maritime deal with Türkiye, drawing objections from Cyprus, Greece and Egypt over maritime claims and energy rights. Libya’s Tripoli-based government says it is ready to address Cairo’s concerns. Financial scrutiny: Cyprus police are investigating Roman Abramovich’s financial and tax affairs, while parliament has reviewed reports on transfers linked to his assets. Household economy: Cyprus’s income gap remains wider than the EU average, and the country has the bloc’s lowest rate of salary disclosure in job adverts.
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