35 h. ago Cyprus among EU countries with lowest share of pension recipients

In 2023, 45.1 per cent of people aged 50 to 74 across the EU were receiving a pension. In Cyprus, the rate was significantly lower at 37.8 per cent, the fifth-lowest in the bloc. Only Spain (30.7 per cent), Greece (34.1 per cent), Italy (35.4 per cent) and Denmark (37.7 per cent) recorded lower percentages. […]

Politics

59 h. ago Cyprus among EU countries with high car ownership but low electric vehicle use

Cyprus continued in 2023 to rank among the European Union countries with a high number of cars per capita, but a remarkably low number of electric vehicles. According to new figures released by Eurostat, the EU’s official statistics office, the island had 647 passenger vehicles for every 1,000 residents, slightly up from 633 per 1,000 […]

Politics

63 h. ago Cyprus household saving rate set to rise to 11 per cent in 2025

Household saving rates across the European Union are projected to stabilise in 2025 after recent volatility driven by economic uncertainty, according to the European Commission’s Spring 2025 Economic Forecast. The forecast highlights varied national trajectories, with countries like Cyprus, Portugal, and the Netherlands expected to see increases, while others, such as the United Kingdom and […]

Politics

4 d. ago People in 70 countries are missing out on medical care amid funding cuts, says WHO

People in at least 70 countries are missing out on medical treatment due to funding cuts to aid programmes, the WHO said on Monday, adding it also faces major financial challenges. “Patients are missing out on treatments, health facilities have closed, health workers have lost their jobs, and people face increased out-of-pocket health spending,” WHO […]

Events

7 d. ago Bank of Cyprus expects limited impact from tariffs, reports record profits

The imposition of tariffs is not expected to have a significant or immediate effect on the Cypriot economy, which remains resilient and continues to outperform most European countries, according to Bank of Cyprus group chairman Takis Arapoglou, . Speaking at the bank’s annual general meeting held in Nicosia, Arapoglou stressed that the Bank of Cyprus […]

Economics

3 w. ago Greece and Cyprus among countries helping Israel battle major wildfire

Greece and Cyprus among countries helping Israel battle major wildfire  eKathimerini.com

Events