Cyprus Achieves Robust Absorption Targets Under Thaleia 2021-2027

by THEFUTURE.TEAM

December 2, 2025

Cyprus has emerged as a frontrunner in the European Union by surpassing its annual absorption target under the Thaleia 2021-2027 program. Penelope Papavasileiou, President of the Monitoring Committee and General Director of Development, confirmed that the island nation has met its 2025 target ahead of schedule, ranking fourth among the 27 member states.

Strategic Investments For A Sustainable Future

The thrust of the Thaleia initiative focuses on high-impact, sustainable investments that span across green energy projects, renewable energy sources, and significant infrastructure advancements. The program also allocates funds for combating poverty and unemployment, as well as addressing water scarcity and enhancing water resilience. Backed by both European and national resources, this comprehensive approach underscores Cyprus’ commitment to achieving long-term socioeconomic progress.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Robust Oversight And Project Implementation

The recent session of the Monitoring Committee, convened by the Ministry of Finance’s General Directorate of Development, highlighted the program’s unwavering momentum. With nearly all project invitations issued and the full program budget effectively allocated, Cyprus has set an impressive pace of execution. The mid-term review held in March 2025 further substantiated the strong performance metrics, ensuring that each investment meets its strategic milestones.

Legacy Accomplishments And Future Prospects

Beyond the current achievements, Papavasileiou underscored that the previous period (2014-2020) concluded with 100% fund absorption, establishing a robust legacy for further initiatives. Preparations are already underway for the 2028-2034 period, with these efforts poised to gain additional significance as Cyprus assumes the EU Council Presidency in early 2026.

Innovative Community Projects

During the session, detailed presentations underscored the tangible benefits of the program through projects like the strategic transformation of the Old Municipal Sports Center into a green recreational hub—a project successfully completed in 2025. Additionally, the “Technical And Vocational Training And Education” initiative received accolades from educators and students at Makarios Technical School, who demonstrated how upgraded technical education programs are enhancing both teaching quality and institutional functionality.

Industry leaders, government officials, local authorities, economic and social partners, civil society representatives, research experts, and members of the European Commission all collaborated to ensure that the Thaleia program remains a cornerstone of Cyprus’s developmental strategy.

The Future Forbes Realty Global Properties

Cyprus Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

by THEFUTURE.TEAM

May 25, 2026

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.

Breaking news