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European Employers Leaders Meet With President Christodoulidis During Cyprus Council Of Presidents Conference

European employers’ organizations have converged in Cyprus for the BusinessEurope Council of Presidents (CoPres) conference, an event that underscores the increasing influence of key economic actors in shaping European policy. The meeting, held at the Presidential Palace in Nicosia, marks a significant gathering where high-ranking representatives will discuss strategies vital to the evolution of the regional economic landscape.

Meeting Overview

Today, leaders of major European employers’ organizations will meet with President Nikos Christodoulidis at the Presidential Palace. The session, which will culminate in an official dinner attended by the President, is a testament to the collective commitment to address the challenges and priorities facing Europe today.

Council Agenda

The conference agenda is comprehensive, focusing on several critical areas:

  • The strategic priorities underpinning the forthcoming Cypriot Presidency;
  • The European Union’s roadmap for a sustainable, innovative, and competitive economy;
  • Strengthening international relations in an increasingly interconnected world.

Notable Leadership Influence

A further highlight of the event is the attendance of senior policymakers. Tomorrow’s session will include not only President Christodoulidis but also EU Commissioner for Fisheries and Oceans, Kostas Kadis. Additionally, Georgios Pantelidis, President of the Federation of Employers & Manufacturers (OEV), reinforces Cyprus’s influence by serving as Vice President of BusinessEurope, whose President is the Swedish business leader Fredrik Persson.

This gathering reflects a dynamic and forward-thinking approach to addressing Europe’s economic challenges and opportunities, positioning Cyprus as a pivotal player in the broader European agenda.

Nearly 80% Of Cyprus’ Foreign Investment Came From Outside EU In 2025

Cyprus had the highest share of foreign direct investment (FDI) originating outside the European Union among 14 EU member states reporting data for 2025. According to Eurostat, non-EU economies accounted for 79.4% of the island’s inward FDI, highlighting its distinct position among the reporting countries.

The figures contrast with most other EU economies, where investment from within the bloc remains the main source of foreign capital.

Cyprus Leads In Non-EU Investment Share

Eurostat measures inward FDI positions by the ultimate investing economy, identifying the economy where the investment ultimately originates rather than only the country through which it is channelled. This distinction is important when investments involve subsidiaries or intermediary holding companies.

In nine of the 14 reporting countries, most foreign investment came from within the EU. The Czech Republic recorded the highest intra-EU share, at 75.1%, followed by Romania at 73.3% and Estonia at 64.8%.

Cyprus was among five countries where non-EU economies accounted for more than half of inward FDI. Spain, Sweden, Greece and Denmark also recorded shares above 50%, ranging from 51% to 55.1%.

US Is The Largest Source Of FDI Across Reporting Countries

Across the 14 countries collectively, the United States was the largest ultimate source of foreign direct investment, accounting for 15.4% of the total.

Germany ranked second at 11.5%, followed by France at 9.4%, the United Kingdom at 9.3% and Switzerland at 5.8%.

These figures reflect the combined investment positions of the reporting countries and do not identify Cyprus’s leading individual investment sources. However, the country-level data underline the island’s strong reliance on capital originating outside the European Union.

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