July 19, 2024

Athens News

News in English from Greece

Nicosia – the city of the future

The capital of Cyprus, Nicosia, entered the “TOP 10 Small European Cities of the Future”, topping the ranking. She won in the Human Potential/Lifestyle category, announced George Campanellas, head of Cyprus Investment Promotion Agency Invest Cyprus.

The rating was compiled by fDi Magazine, published by the Financial Times publishing house. Analytics covers 319 European cities and 148 regions. Nicosia is on the list of “small cities in Europe”, with a population of 100-350 thousand people. The publication emphasizes that the capital of Cyprus is one of the most attractive small cities in Europe for study, work, and career growth. Mr. Campanellas said he was “delighted with this achievement”. The head of Invest Cyprus stressed:

“Rightly recognized as one of the safest, healthiest and sunniest countries in EU, Cyprus is an ideal place to do business, providing a solid platform for future growth. New businesses that have moved to the Cypriot capital have long recognized that the health of their employees entails strong economic performance and excellent productivity. So it’s easy to see why Nicosia is named the best small European city.”

This year, Nicosia also managed for the first time to enter the rating of small cities in Europe in the category “Strategies for attracting foreign direct investment” and take eighth place out of ten possible.

Along with the ratings in the study of the prospects of European cities and regions in terms of investment, writes GreekReporter, analytical materials, interviews, statistics are presented. Researchers divide European cities into large, medium and small, and analyze the prospects for each in several different categories: economic potential, efficiency, connections with other cities, openness to business and others.

For the fifth year in a row, Nicosia tops the list of small European cities of the future, which undoubtedly testifies to the great potential and popularity of the capital of Cyprus.

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