AGP Executive Report
Last update: 2 hours agoCyprus–EU diplomacy: European Council president António Costa set the June 18-19 agenda for competitiveness, the EU’s next long-term budget (2028-2034), Ukraine and the Middle East, with Cyprus Presidency progress to be reviewed and President Zelenskyy set to brief leaders. Housing pressure: Akel says the government and Disy are stuck in the same housing “quarrel”, arguing announcements are not matching rents and incomes as Limassol remains the most expensive city. State employment: Cystat reports Cyprus state employees rose to 55,382 in May 2026, up slightly year-on-year, with civil service down but education and security forces up. Tourism and travel: Zela Jet launched a helicopter service from Athens to Greek islands, offering faster, flexible trips for Cypriot travellers; Limassol Greens also marked its inauguration, positioning the resort as a year-round tourism and investment draw. Regional security: Turkey warned France against further military ties with Cyprus after a France–Cyprus status of forces agreement, and Erdoğan confirmed a visit to northern occupied Cyprus on 20 July. Business and markets: Wizz Air reported a near-total net profit collapse after Iran-war route cancellations, while Visa and OpenAI announced plans for secure AI-driven payments.
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