Cyprus Business Now: ESM meeting, CBC chief, shipping, BoC stake, Hermes deal

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Friday highlighted the country’s economic transformation in recent years, while also outlining the challenges that lie ahead.

Speaking at a joint conference organised by the CBC and the European Stability Mechanism (ESM), he stressed the need for sustainability, innovation, and inclusiveness in shaping Cyprus’ economic future.

Patsalides opened his remarks by welcoming distinguished speakers and participants, acknowledging the pivotal moment Cyprus