European Commission Appoints George Rossiadis As Principal Advisor For Stakeholder Relations At IAS

by THEFUTURE.TEAM

November 14, 2025

The European Commission has announced the appointment of George Rossiadis as Principal Advisor for Internal and External Stakeholder Relations at the Internal Audit Service (IAS). The IAS is responsible for offering independent guidance, opinions, and recommendations on the quality and operation of internal audit systems within the Commission, EU bodies, and other autonomous organizations. The official start date for Mr. Rossiadis remains to be determined.

Extensive Experience And Proven Leadership

With over 20 years of service at the European Commission, Mr. Rossiadis has developed a deep expertise across a broad spectrum of policy areas including data protection, security, internal affairs, crisis management, and health. His decisive leadership during the COVID-19 pandemic was instrumental in the successful rollout of critical initiatives such as the EU Vaccine Strategy and efforts toward a European Health Union.

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Notable Achievements And Strategic Vision

Throughout his career, Mr. Rossiadis has demonstrated impressive leadership capabilities by managing large teams in complex, high-pressure environments. His portfolio includes driving forward challenging reforms such as updates to EU pharmaceutical legislation and advancing the European Union’s Action Plan Against Cancer. His extensive experience coordinating with both internal and external stakeholders underlines his ability to navigate key issues, including preparations for the forthcoming Multiannual Financial Framework.

Prior Roles And International Expertise

Currently serving as a Senior Expert at the Directorate-General for Health and Emergency Response and Preparedness (DG HERA) of the European Commission, Mr. Rossiadis previously led the Office of the European Commissioner for Health and Food Safety, Stelios Kyriakidou (more information can be found on European Commission’s website). In an earlier role, he was part of the office of the European Commissioner for Migration and Home Affairs, Dimitris Avramopoulos, where he spearheaded initiatives in security, counterterrorism, and transatlantic relations. Additionally, his tenure as Head of Communications at the Directorate-General for Justice and Consumers, along with his experience at the United Nations, highlights a career marked by strategic communication and international coordination.

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Navigating Persistent Pressures: Labour Shortages, Bureaucracy, And Payment Delays In Limassol

by THEFUTURE.TEAM

December 19, 2025

Labour Shortages Challenge Expansion

Recent data from the Limassol Chamber Of Commerce And Industry underscores the enduring pressure within Limassol’s business community. Rather than indicating a sudden economic downturn, the survey reveals a gradual intensification of challenges that have long been a concern for local enterprises.

Skilled Labour In Short Supply

At the forefront is a chronic shortage of skilled labour, which accounts for 22.5% of the responses. Companies across a diverse range of sectors—from engineering and technical services to professional driving and specialized sales—are grappling with vacancies that remain open for extended periods. The persistent demand for critical skills forces many firms to overextend their existing workforce or postpone strategic projects. While recruiting talent from abroad is increasingly seen as a necessity, the process is often hampered by procedural delays, strict regulatory constraints, and rising employment costs.

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Administrative Complexities And Public Sector Frustration

In addition to labour challenges, businesses express deep frustration with public-sector inefficiencies. Slow administrative procedures, fragmented communication, and a lack of clear guidance have rendered government support only marginally effective. With more than half of respondents regarding public services as minimally helpful, the inefficiencies highlight a system that frequently delays critical decisions and complicates routine business processes.

Deteriorating Payment Discipline

The survey also highlights a significant decline in payment discipline, with difficulties in collecting debts now ranking third among business concerns at 11.8%. Late payments are intensifying cash-flow pressures, extending through supply chains and further straining liquidity. Added to this is a sluggish justice system, where prolonged court delays have left companies financially exposed, often shouldering the burden of non-compliant customers while legal remedies lag behind.

Cost Pressures And Cautious Investment

Rising labour costs, intense domestic competition, and the pressure of lower-cost international markets — particularly in Asia — are driving firms to reconsider their investment priorities. Although nearly 60% of businesses intend to hire in the near term, investment plans in infrastructure, technology, and renewable energy are markedly selective. Overall sentiment remains cautious, with two-thirds of respondents expecting sales to stay level, both domestically and in overseas markets.

Calls For Policy Reforms And Digital Transformation

In an environment strained by excessive bureaucracy and inconsistent policy, businesses advocate for decisive governmental action. Respondents have pointed to the need for reduced business taxation, streamlined administrative processes, and more responsive public services. Furthermore, investment in digital transformation, artificial intelligence tools, and enhanced collaboration with academic and research institutions are seen as critical to boosting competitiveness and fostering innovation.

Conclusion: A Need For Strategic Reforms

The autumn 2025 barometer paints a picture of a resilient business community operating under increasing strain. With entrenched labour shortages, administrative inefficiencies, and deteriorating payment discipline, there is a clear call for targeted reforms. Addressing these structural challenges will be essential for ensuring that Limassol’s businesses not only sustain their current operations but also position themselves for future growth in an increasingly competitive global landscape.

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