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OEB: Measures Heading in the Right Direction - Lower Support for Tourism

Published March 26, 2026, 17:16
OEB: Measures Heading in the Right Direction - Lower Support for Tourism

The Federation of Employers and Industrialists (OEB) of Cyprus described the support measures announced by the President of the Republic as heading in the right direction, but expressed reservations about the adequacy of support for the tourism sector. It believes that the scope of the support does not correspond to the consequences suffered by the industry and the challenges it faces. The OEB will evaluate the implementation of the measures and will propose additional targeted recommendations. It stressed the need for continuous assessment of the situation and readiness for supplementary measures, as tourism forecasts are not encouraging. In addition, it emphasized the importance of an international communication strategy to promote Cyprus as a safe destination.