US ambassador warns red tape is costing Cyprus investment

Cyprus needs to cut bureaucracy, United States Ambassador John Breslow said on Friday warning that the departure of even a single American company over investment barriers is “an avoidable loss”. Speaking at the first annual conference of the American chamber of commerce in Cyprus, Breslow said he was concerned about opportunities going unexploited. “Even one […]

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.