Athens, Greece. Cyprus and Greece highlighted their shared potential to capitalise on new regional opportunities at a business summit in Athens focused on Cyprus’ updated tax framework. Officials said economic cooperation between the two countries can be expanded to jointly leverage emerging opportunities in the wider region.
Summit focus and participants
The 2nd Cyprus Business Presentations Summit brought together institutional stakeholders from Cyprus and Greece, along with representatives from accounting and legal firms and business leaders.
Cyprus tax changes from 2026
The summit focused on changes to Cyprus’ tax system that came into effect on January 1, 2026. Cypriot Tax Commissioner Soteris Markides said the new framework is simplified, functional, and aligned with European Union standards and international economic trends. He presented details of the reforms and outlined the tax advantages offered by Cyprus.
Calls to strengthen bilateral economic ties
Dimitris Skalkos, Secretary General for International Economic Relations and Extroversion at the Greek Ministry of Foreign Affairs and president of Enterprise Greece, emphasised strengthening Cyprus-Greece economic ties, saying there are significant opportunities for joint investment initiatives.
Ambassador message on cooperation
A message from Cyprus ambassador to Greece Stavros Avgoustides, delivered by embassy commercial counsellor Iosif Kypreos, highlighted the positive trajectory of bilateral economic cooperation, saying there are strong prospects for further strengthening it.
What opportunities do you see for deeper Cyprus-Greece cooperation following the 2026 tax changes?
