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Cyprus Unveils Strategic Reforms to Accelerate Innovation and Global Competitiveness

by THEFUTURE.TEAM

November 13, 2025

Cyprus is taking decisive steps to bolster its entrepreneurial and industrial sectors through targeted policies and innovative investment mechanisms. Speaking at the Nicosia Chamber of Commerce and Industry’s general assembly, Marios Panayides, General Director of the Energy Ministry, outlined a comprehensive roadmap aimed at igniting transformation in local businesses.

Robust Policy Framework And Funding Initiatives

The government is set to advance innovation, embrace circular economy practices, and enhance manufacturing capabilities while driving the digital and energy transitions across the board. Panayides highlighted robust funding streams, including €226 million from the Thalia 2021-2027 programme and an additional €137 million from the EU’s Recovery and Resilience Facility and REPowerEU. With €101.2 million already disbursed, these measures underscore a resolute commitment to economic modernization.

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Infrastructure And Competitiveness Enhancements

The ministry’s agenda also emphasizes the 2025–2030 Policy Document on Competitiveness And Internationalisation, a strategy designed to embed sustainable technologies, spur digital transformation, and expand Cyprus’s presence on the global stage. Key initiatives include projects valued at €8 million across 14 industrial areas and critical infrastructural improvements in Strovolos, where a €600,000 pavement reconstruction project was completed in 2025. Further upgrades, including a controlled access system and new fencing, are scheduled for 2026.

Boosting Exports And International Business Appeal

A renewed focus on promoting Cyprus as an international business hub is evident. Enhanced operations at the Business Support Centre and Export Helpdesk, along with the launch of a national branding identity for Cypriot products, are set to amplify export visibility. This strategic recalibration has already yielded significant results, with service exports soaring from €14.9 billion in 2020 to €28.7 billion in 2024, and consistent growth in other export sectors.

Addressing Challenges And Paving The Way Forward

Industry voices, including Evel President Michalis Moushouttas, have underscored the imperative of a predictable regulatory landscape and the urgent need to mitigate ongoing challenges such as traffic congestion, bureaucratic delays, and operational inefficiencies in technical support. Moreover, the discussion touched upon broader issues including the cost implications of the Cost Of Living Allowance, industrial action in essential services, energy costs, and water scarcity—all of which demand bold and holistic reforms.

As Cyprus prepares to showcase its advantages during the upcoming EU Council Presidency, the strategic convergence of innovation-driven policy reforms and infrastructural investments signals a pivotal period for the nation. This proactive approach is aimed not only at elevating domestic industry standards but also at cementing Cyprus’s reputation as a dynamic, forward-thinking international business center.

The Future Forbes Realty Global Properties

by News Editor

August 24, 2026

Courts Are Still Applying Old Copyright Rules To AI

AI companies train models on enormous amounts of published material, including books, articles and academic research. Whether using that content without authors’ permission violates copyright law remains unresolved.

Much of the debate centres on fair use, which allows copyrighted material to be used without permission in certain circumstances. Courts consider factors such as the purpose of the use, how much material was involved and its impact on the original market.

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Anthropic Case Sets An Important Precedent

A major case involving Anthropic and a group of authors provided one of the clearest rulings so far. Judge William Alsup found that using copyrighted books to train AI models was lawful, comparing the process to people reading and studying literature before creating something new.

Anthropic was nevertheless ordered to pay $1.5 billion in a settlement. The penalty concerned books the company had obtained from illegal online libraries rather than the AI training itself.

For AI companies, that distinction could prove significant because it separates studying copyrighted material from directly copying it.

Competition Could Be The Key Issue

A case involving Thomson Reuters and Ross Intelligence offers a different perspective. A court ruled that Ross could not claim fair use after using Reuters’ copyrighted material to develop a competing AI-powered legal research platform.

The decision suggests courts may be less willing to consider AI training fair use when copyrighted content is used to build a product that directly competes with the original.

For authors, an unresolved question is whether AI-generated content should be considered competition for the works used to train these models.

The Law Has Yet To Catch Up

US copyright law predates generative AI by decades, leaving courts to apply old principles to new technology. Questions also remain over copyright protection for AI-generated works. In Thaler v. Perlmutter, a court ruled that material created entirely by AI cannot receive copyright protection.

Major AI companies remain involved in copyright litigation, and different courts could reach different conclusions. For now, there is no universal rule: the legality of AI training will depend on the circumstances of each case and how courts ultimately interpret copyright and fair use.