Investment Firms’ Total Assets Rise by 3.5% In March 2026

Significant Growth In Total Assets

The latest statistics released by the Central Bank of Cyprus reveal that, as of March 2026, the total assets of investment firms surged to €8,174.3 million. This figure represents a noticeable 3.5% increase compared with December 2025, when assets were recorded at €7,899.0 million.

Increment In The Number Of Institutions

While the asset base expanded, the number of investment firms experienced only a marginal rise from 350 in December 2025 to 351 in March 2026, indicating a cautious yet steady progression in the market dynamics.

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Official Statistics Unveiled

The data forms part of the May 2026 edition of the “Investment Firms Statistics,” published in both Greek and English. The comprehensive report underscores a measured expansion within the sector, with asset growth emerging as the primary indicator of progress.

Sector Outlook

The report by the Central Bank of Cyprus reflects a conservative yet promising trend in the investment landscape. The steady increase in assets signals resilience and potential for further growth amid evolving market conditions.

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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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