European Markets Tread Cautiously Following DeepSeek’s Shock To Global Tech

by THEFUTURE.TEAM

January 28, 2025

European stocks showed signs of recovery on Tuesday after the worldwide sell-off triggered by China’s DeepSeek, which unveiled an AI model built at a fraction of the cost of its American counterparts. The announcement sparked widespread concerns over the future profitability of the Artificial Intelligence sector, as well as the increasing reliance on pricey chips.

The Stoxx 600 index rose by 0.17%, buoyed by technology stocks, with Sartorius leading the charge. The biopharmaceutical company surged nearly 16%, thanks to a preliminary 2024 profit report that exceeded expectations and a “modestly positive” outlook for 2025.

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Among the regional indices, Germany’s DAX inched up 0.23% to 21,331 points, while the UK’s FTSE 100 made a more modest gain of 0.21%, reaching 8,521 points. On the flip side, France’s CAC 40 dropped by 0.30% to 7,883 points.

Peripheral markets showed mild optimism, with Italy’s FTSE MIB edging up by 0.21%, and Spain’s IBEX 35 moving up just 0.09%.

After Monday’s heavy losses, the STOXX Europe 600 Technology sector, which had fallen 3.3% due to setbacks from Dutch chipmaker ASML (-7%) and ASM International (-12%), found some stability, rebounding into positive territory by Tuesday.

Alten saw its stock jump 7.8% following its annual report, while Siemens Energy climbed 3.4% on news that it had exceeded revenue expectations for the first quarter, buoyed by strong demand for offshore wind turbines.

Results from SAP, Foxtons Group, and Logitech are expected later on Tuesday, adding more potential momentum to the market.

Across the Atlantic, the U.S. market also took a hit. The Nasdaq and S&P 500 saw sharp declines, as DeepSeek’s model caused ripples across tech stocks. However, the Dow Jones industrial average managed to reverse its losses, closing at its highest point of the day, fueled by rallies in Johnson & Johnson and Salesforce.

Nvidia, the chip giant at the heart of the tech sector, experienced a staggering $597 billion market capitalization loss on Monday—an unprecedented single-day wipeout in U.S. history. Its stock plummeted 17%, closing at $118.58, marking its worst trading day since March 16, 2020, during the early stages of the Covid-19 pandemic.

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Cyprus’ Strong Youth Employment Rate Still Does Not Guarantee Early Independence

by THEFUTURE.TEAM

September 16, 2026

Young people in Cyprus have a relatively high employment rate, but they leave the parental home later than the EU average, according to Eurostat data.

Cypriots left home at an average age of 27 in 2025, compared with 26.3 years across the EU. At the same time, 72.3% of people aged 20 to 29 in Cyprus were employed, well above the EU average of 65.5%.

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Strong Employment Does Not Mean Early Independence

Only nine countries recorded higher youth employment rates than Cyprus. Iceland led at 85.3%, followed by the Netherlands at 84%, Malta at 82.1%, Switzerland at 78.3% and Germany at 77%.

Norway recorded 76.5%, Ireland 76.1%, Denmark 74.8% and Austria 74.6%. Eurostat said countries where young people leave home earlier generally tend to have higher youth employment rates.

Southern Europe Sees Later Moves

Finland had the lowest average age for leaving the parental home at 21.4 years, followed by Denmark at 21.8 and Estonia and Lithuania at 22.7. Croatia recorded the highest average at 31.5 years, followed by Greece and Slovakia at 30.9. Spain and Italy both stood at 30.2 years.

Across the EU, the average has remained close to 26 since 2002, rising only slightly from 26.2 years in 2024 to 26.3 years in 2025.

Cyprus Labour Market Is Cooling

The figures come as Cyprus’ labor market shows some signs of easing, although demand for workers remains relatively strong by European standards.

Separate Eurostat data showed Cyprus had the EU’s largest annual decline in its job vacancy rate in the second quarter of 2026. The rate fell to 2.6% from 3.3% a year earlier, but remained above the EU average of 2.0% and the euro area average of 2.1%.

Cost Of Living Remains A Factor

Housing and other living costs can also affect how quickly young workers establish independent households. Eurostat reported that Cyprus’ household consumption price level was 89.2% of the EU average in 2025.

A relatively lower overall price level does not eliminate affordability pressures for people on modest incomes. For younger workers, the issue can be whether wages are sufficient to cover rent, utilities, food and other basic expenses.

Cyprus therefore combines relatively high youth employment with a later transition to independent living, suggesting that access to work and the ability to afford a separate household do not always move together.

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