16TH CYPRUS VIRTUAL SUMMIT

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While humanity is fighting a difficult battle against the Covid-19 pandemic, governments, institutions, businesses and the civil society organisations are increasingly concerned about the economic and social repercussions of the pandemic both in the medium as well as in the long term. Thus, a wide debate is taking place on the need to reconsider governments’ budgetary policies, growth models, state intervention in the economy and the future of globalisation:

● Is the European Union in the position to tackle recession and reinforce its cohesion?

● How has the pandemic affected the inter-state relations?

At the same time, Cyprus was successful in containing the pandemic – it has one of the lowest death tolls among the European countries. The country is now focusing on strengthening the resilience of its economy, facing challenges such as the impact of the health crisis on the tourism industry, the banking sector and the hydrocarbons exploration.

● How has the pandemic affected eastern Mediterranean’s geopolitical landscape?

● Is there a need for countries such as Cyprus to rethink their growth model?

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