Cyprus Business Now: CBC, hotel unions threaten strike, innovation, Keve and CSEO’s agreement

Heightened geopolitical instability and mounting global debt levels represent key risks to Cyprus’ financial stability, according to the Central Bank of Cyprus (CBC).

The CBC published its  2024 Financial Stability Report (FSR)  on Wednesday, highlighting several medium-term threats to the Cypriot financial system.

These include  global uncertainty ,  inflationary pressures , as well as the  impact of climate change  and  cyber risk  on financial institutions.

In a press conference held