Cyprus Business Now: tourism, Lebanon ferry link, Salamis, entrepreneurship

Nearly 40 per cent of Cypriots see opportunities to start a business, a new national report by the University of Cyprus has found.

The 2023–2024 Entrepreneurship Report also revealed that 60.5 per cent believe they have the skills to launch one.

However, 53.3 per cent report a fear of failure, which may prevent them from taking action.

The latest report marks Cyprus’ eighth consecutive participation in the Global Entrepreneurship Monitor