Cyprus Allocates €43 Million For Community And Rural Development Projects

by THEFUTURE.TEAM

March 25, 2026

The Ministry of Finance has allocated €43 million in 2026 to support development projects in communities across Cyprus, Interior Minister Konstantinos Ioannou said during a meeting in Paphos. Speaking in Kouklia, he said the funding is aimed at supporting infrastructure and local development, particularly in rural areas.

Budget Commitment And Strategic Oversight

Ioannou said reforms in local governance remain a priority, particularly in improving how projects are managed and delivered. He noted that delays in filling key positions are expected to be resolved by June, which should help speed up implementation and improve coordination, including the use of technical expertise in project planning.

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Focused Regional Engagement

During the meeting in Kouklia, officials from the eastern areas of the Paphos district reviewed progress on approved projects. Ioannou said monitoring will continue to ensure projects are delivered as planned and that resources are directed to areas where they are most needed.

Securing The Rural Future

The government’s broader approach focuses on supporting rural communities and maintaining population levels in these areas. According to Ioannou, ongoing investments in infrastructure and local projects are intended to improve living conditions and encourage more people to remain in or move to rural regions.

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Cyprus Remains Among EU’s Lowest Renewable Electricity Producers

by THEFUTURE.TEAM

July 27, 2026

Cyprus remained among the European Union’s weakest performers in renewable energy adoption in 2025, with renewables accounting for 27.5% of gross electricity consumption, according to new data published by Eurostat.

Across the EU, renewable sources supplied 49.9% of gross electricity consumption last year, bringing the bloc close to generating half of its electricity from renewable energy.

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Cyprus Remains Among The EU’s Lowest Performers

Cyprus ranked among the EU countries with the lowest share of renewable electricity, ahead of only Malta at 11.2%, the Czech Republic at 19.2%, Luxembourg at 23.3% and Slovakia at 24.1%.

Across the country’s broader energy system, renewables accounted for 21.5% of gross final energy consumption in 2025.

EU Renewable Electricity Continues To Grow

Renewables supplied 49.9% of gross electricity consumption across the EU in 2025, up from 47.5% a year earlier. Since Eurostat began collecting comparable data in 2004, the share has risen from 15.9%.

Austria recorded the highest share at 90.8%, followed by Sweden at 89.2%. Denmark generated 77.7% of its electricity from renewable sources, followed by Portugal at 65.6%, Greece at 60.9% and Spain at 60.7%.

Overall Energy Transition Still Has Work Ahead

Renewables accounted for 26.2% of the EU’s gross final energy consumption in 2025, up from 25.2% in 2024 and 9.6% in 2004.

Despite the increase, the bloc remains below its legally binding target of 42.5% by 2030. According to Eurostat, achieving that goal will require an average annual increase of 3.3 percentage points between 2026 and 2030.

Sweden recorded the highest overall renewable energy share at 65.4%, followed by Finland at 53% and Denmark at 48.2%. Belgium recorded the lowest share at 14.9%, followed by Slovakia at 16.3% and Ireland at 17.2%.

Heating And Cooling Also Show Steady Progress

Renewable energy accounted for 27.4% of heating and cooling across the EU in 2025, the highest level since comparable records began in 2004. The share increased by 0.7 percentage points from 2024, slightly below the long-term annual average increase of 0.75 percentage points.

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