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Cyprus Chamber Of Commerce And Industry Launches Wine Company Mission At Vinitaly 2026

The Cyprus Chamber of Commerce and Industry (Keve), in its role as the coordinator for Enterprise Europe Network Cyprus, has unveiled a refined brokerage event at Vinitaly 2026 in Italy, inviting local enterprises to expand their international horizons.

Strategic Initiative For Global Business Connections

Under the banner of the Wine Company Mission at Vinitaly 2026, the event is slated for April 12 through April 15, 2025, in Verona. This initiative reflects a broader strategy aimed at bolstering international business cooperation by linking local companies with international suppliers.

Curated B2B Engagements And Industry Expertise

Organized in collaboration with members of the Enterprise Europe Network, the programme features sponsorship from distinguished organizations such as the special agency of the Naples Chamber of Commerce, Industry, Agriculture and Handicraft and Unioncamere Piemonte. The event will specifically target networking between international buyers and dominant wine producers hailing from the Piemonte and Naples regions.

Event Highlights And Direct Networking Opportunities

The broader exhibition spans four days; however, pre-arranged B2B meetings are scheduled for April 13 and 14, 2025. These meetings will take place at the HU Verona Fiere, with designated zones including the shared Piemonte Land of Wine space in Hall 10 and the shared Napoli area in Hall B. Participants will benefit from formal presentations on the wine-growing regions, complemented by immersive wine tasting sessions.

In addition to tailored meetings conducted directly at the producers’ stands, companies that register will gain complimentary entry to Vinitaly 2026 and enjoy a special networking lunch at Ristorante Piemonte on April 14, 2025, featuring traditional dishes and local wines.

Registration And Support For Business Leaders

Organizers urge interested companies to register and create their profile at no cost before the registration closing date of April 12, 2025. Enterprise Europe Network Cyprus will support participants throughout the process, including registration, profile setup and preparation for business meetings, helping companies make the most of the event.

Cyprus Introduces €200 Million Support Measures To Cut Energy And Food Costs

Comprehensive Relief Measures For A Resilient Economy

The government of Cyprus introduced support measures exceeding €200 million to reduce household expenses and support key sectors. The package targets energy costs, food prices, tourism and agriculture. Measures come in response to rising costs and supply pressures. Implementation begins in April and May 2026.

Energy And Fiscal Reforms

The government will reduce VAT on electricity for households to 5% from May 1, 2026, to March 31, 2027. The measure is expected to lower energy bills. Special consumption tax on transport fuels will decrease by 8.33 cents per liter between April and June 2026. Policy targets fuel-related costs.

Broadening The Zero VAT Initiative

Authorities will expand the list of products with zero VAT. Meat, poultry and fish will be included from April 1 to September 30, 2026. Existing zero-VAT categories already include fruits and vegetables. The government also decided not to introduce a green tax on fuels, avoiding an additional cost of about 9 cents per liter.

Sector-Specific Supports

The package includes a 30% wage subsidy for hotel employees for April 2026. Measure supports tourism businesses during the early season. Support for airlines aims to maintain connectivity with key destinations. The agriculture sector will receive subsidies covering 15% of costs for fertilizers and supplies in April and May.

Economic Stability, National Security

President Nikos Christodoulidis said economic stability remains a priority for the government. He noted that growth, fiscal balance and inflation trends support current policy decisions. Statement links economic policy with broader national priorities. The government continues to monitor external risks.

Ensuring Consumer Protection

Furthermore, the government has mandated rigorous market oversight and intensified inspections to prevent exploitative pricing during this period of economic intervention. This proactive stance ensures that the benefits of the measures directly serve the citizens without unintended inflationary impacts.

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