Keve calls for regular economic dialogue with the government
On September 11, 2026, the Secretary General of the Cyprus Chamber of Commerce and Industry (Keve), Philokypros Roussounides, called for the establishment of a formal and consistent dialogue between the chamber and the state. The proposal follows recent reports regarding the departure of a company from Cyprus, which has sparked discussions about the nation's economic competitiveness and its ability to retain foreign investments.
Mr. Roussounides emphasized that the chamber serves as a institutional advisor to the government on matters of economy, industry, and trade. He argued that a structured, proactive channel of communication would allow authorities to address corporate concerns immediately, preventing similar departures in the future. Furthermore, the Secretary General noted that such a dialogue could help Cyprus leverage geopolitical instabilities elsewhere by positioning the country as an attractive destination for firms looking to relocate their headquarters.
Despite these concerns, Roussounides explicitly cautioned against panic, stating that the single company departure should not be interpreted as an indication of a broader exodus. He stressed that the goal of the proposed framework is to strengthen long-term economic stability and investor confidence rather than reacting to isolated events.