Cyprus and China to further liberalise flights between the two counties

by THEFUTURE.TEAM

September 26, 2024

Cyprus and China are set to sign a bilateral agreement providing for the further liberalisation of flights and strengthening air connectivity between the two countries.

According to a press release issued by the Ministry of Transport, the two countries will on 26 September sign a Memorandum of Understanding and a bilateral agreement providing for the further liberalisation of flights between the two countries.

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The MoU and the agreement will be signed by Han Jun, Deputy Administrator of the Civil Aviation Administration of China (CAAC) and Panagiota Demetriou, Director of the Cypriot Civil Aviation Department, following an authorisation by the Council of Ministers.

“This is a very important agreement which aspires to further improve the air connectivity between the two counties, providing an opportunity to increase the number of travellers both for recreation and business activities,” the Ministry said, adding that “the agreement will contribute to the improvement of flight connectivity and commercial transactions between the countries in the Far East and with Europe as well.”

The signing ceremony will take place at the Civil Aviation Department premises in Nicosia at noon local time.

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EU Farm Output Prices Decline For The First Time In Nine Months

by THEFUTURE.TEAM

March 12, 2026

EU Market Adjustments Signal New Price Trends

Agricultural output prices across the European Union declined in the fourth quarter of 2025, marking a shift after several quarters of increases. Data from Eurostat shows that farm gate prices fell by 1.9% compared with the same period in 2024.

Crisis of Declining Prices In Select Markets

Cyprus recorded one of the more notable decreases in agricultural input costs among EU member states, with prices falling by 2.6% compared with Q4 2024. The reduction eased cost pressures for the local agricultural sector following periods of higher prices earlier in 2025. Across the EU, prices for goods and services consumed in agriculture remained relatively stable. Non-investment inputs such as energy, fertilisers and feedingstuffs showed limited overall changes during the quarter.

Country-Specific Divergence In Price Movements

Eurostat data highlights considerable variation across member states. Fifteen EU countries recorded declines in agricultural output prices. Belgium registered the largest decrease at 12.9%, followed by Lithuania (8.2%) and Germany (6.0%). At the same time, twelve countries reported increases in output prices. Ireland recorded the strongest rise at 6.8%, followed by Slovenia (5.6%) and Malta (4.2%).

Stability In Agricultural Inputs Amid Commodity Shifts

Agricultural input prices also showed mixed developments. Eleven member states recorded declines, including Cyprus (2.6%), Belgium (2.1%) and Sweden (2.0%). Other countries experienced moderate increases, including Lithuania (4.2%), Ireland (3.3%) and Romania (2.5%). Among major agricultural commodities, milk prices declined by 4.1% while cereal prices fell by 8.9% across the EU. In contrast, fertilisers and soil improvers increased by 7.9%, reflecting continued volatility in input markets.

Outlook For EU Agriculture

The latest Eurostat data points to uneven price developments across the EU agricultural sector. While input prices remained broadly stable in many markets, movements in output prices varied significantly between member states. These trends highlight the need for farmers and policymakers to adapt to shifting commodity prices and changing cost structures across the European agricultural market.

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