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Cypriot Travelers Favor Additional Experiences, According to Mastercard Research

Extensive Study Across Europe

A recent in-depth study commissioned by Mastercard reveals that Cypriot travelers are keeping their calendars open for more experiences, even as 2025 draws to a close. Surveying more than 20,000 Europeans across 20 countries, the research underscores the growing trend of consumers postponing final plans until after the year’s end, with many eager to add yet another travel experience before 2026.

Cypriot Travelers: Embracing Additional Experiences

The study shows that nearly half of Cypriot respondents (47%) still have between 7 and 20-plus vacation days available for 2025, with the highest proportion (19%) having 7 to 10 days left unused. In fact, Cyprus leads the pack alongside Switzerland (56%) and Bulgaria (55%) in terms of available leave. This trend reflects a robust culture of experience-seeking, as 71.8% of Cypriots indicated they have one or more experiences they aim to accomplish before the new year.

Determination and Optimism Across Age Groups

The ambition to seize every available opportunity spans all age groups. Among respondents, 38.2% are set on achieving a single major experience, while 33.6% plan to complete several. Overall, 34.54% believe they are likely to achieve their goals, 26.60% are confident and enthusiastic about their plans, and 36.77% remain hopeful but uncertain. Notably, a significant majority in Cyprus include 71.7% of Generation Z, 74.5% of Millennials, 61.7% of Generation X, and 75% of Baby Boomers, indicating a unified commitment to living life fully across generations.

Travel: The Foremost Experience

The survey further highlights that travel continues to be the foremost experience on the minds of Europeans. Top selections among Cypriots include a dream destination trip (39.55%), trying a new outdoor activity (21.73%), and attending a long-awaited performance or concert (19.78%). Other experiences, such as witnessing a major sporting event (10.45%), dining at a top restaurant (2.65%), or visiting a Christmas market (1.25%), also make periodic appearances among the preferences.

Optimism in the Broader European Context

Comparatively, optimism is even more pronounced among Europeans overall, with over two-thirds (67%) expressing confidence that they will complete at least one target experience by the end of 2025. Countries like Serbia (82%), Sweden (72%), Spain (71%), and France (71%) are highlighted for their strong belief in this trend. Nevertheless, respondents pointed to challenges such as the need for additional savings (23%), the pursuit of the ‘perfect moment’ (13%), and limited free time due to work and commitments (12%) — factors that may hamper the achievement of these experiential goals.

CySEC Enhances Market Integrity By Withdrawing Firms From Compensation Fund

Regulatory Action Strengthens Investor Protection

The Cyprus Securities and Exchange Commission (CySEC) has taken decisive steps to protect investors by removing two investment firms, VM Vita Markets Ltd and HTFX EU Ltd, from the Investors Compensation Fund (ICF). This move follows the earlier rescission of their Cyprus Investment Firm (CIF) authorizations.

Link Between Licensing And Compensation

The ICF serves as a safety mechanism, ensuring that clients receive due compensation if an authorized firm is unable to return funds or financial instruments. With the withdrawal of their operating licenses, these firms were rendered ineligible for the fund, highlighting the direct correlation between valid authorization and participation in investor protection schemes.

Preservation Of Client Rights

CySEC has been clear that the removal from the compensation scheme does not jeopardize the entitlements of affected clients. Investors who conducted eligible transactions before the revocation of membership retain the right to claim compensation, provided they meet the established conditions outlined in the directive. This precaution ensures that investors continue to receive remediatory support, even as the firms exit the regulated framework.

Maintaining Oversight In A Dynamic Market

This regulatory intervention reinforces CySEC’s commitment to market oversight and financial stability. By aligning firm licensing with participation in investor safeguard programs, the commission exemplifies robust supervisory practices that adapt to evolving market conditions. Such measures bolster investor confidence and set a standard for regulatory practices in similar financial markets worldwide.

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Aretilaw firm
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