Nicosia, Cyprus. Government officials, industry leaders and international institutions on Friday assessed Europe’s economic trajectory at the “Shaping Europe’s Growth and Competitiveness” conference in Nicosia.
Conference focus and organisers
The event was organised by the Institute of Chartered Accountants in England and Wales (ICAEW) along with the Institute of Certified Public Accountants of Cyprus (ICPAC). Discussions centred on the Cyprus EU Presidency agenda, an economic competitiveness strategy and regional connectivity ambitions.
Cyprus’ stated priorities for Europe
Speaking on behalf of President Christodoulides, Deputy Minister to the President Irene Piki said Cyprus intends to contribute substantially to a European agenda focused on competitiveness, resilience, and economic security and autonomy. Stakeholders evaluated these strategic goals amid geopolitical uncertainty and rapid technological change.
Geopolitical and technological context
Piki said Europe is operating in an environment shaped by geopolitical instability, technological disruption, and accelerating green and digital transitions, adding that strengthening economic resilience and competitiveness has become more urgent. She said the discussion concerns Europe’s ability to attract investment, support innovation and ensure sustainable growth in an increasingly competitive global environment.
Strategic autonomy and cooperation
Piki said European strategic autonomy is becoming a key priority, with efforts to reduce vulnerabilities in areas such as energy, digital infrastructure and supply chains while remaining open to international cooperation. She also said a balanced approach is essential for long-term stability and growth.
Cyprus’ regional role and partnerships
Piki said Cyprus is contributing through its strategic geographic position at the crossroads of Europe, the Middle East and Asia, enabling it to function as a bridge for investment and services. She said Cyprus has strengthened engagement with key partners in the Middle East and expanded cooperation with India, which she described as of increasing strategic importance.
What do you see as the most urgent step for Europe to strengthen competitiveness while maintaining openness to international cooperation?
