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Cyprus At The Bottom: The Gender Gap In EU Politics

Women now hold a third (33.4%) of parliamentary seats across the European Union, marking a steady rise in political representation over the past decade. Fresh Eurostat data shows this figure reflects a 5.6 percentage point increase compared to 2014. But while some EU nations are closing the gender gap in politics, others remain significantly behind—Cyprus among them.

Cyprus: The Lowest Female Representation In The EU

Cyprus stands at the bottom of the EU ranking for female parliamentary representation, with just 14.3% of MPs being women. This figure has remained unchanged since 2014, highlighting a decade of stagnation in gender equality within the country’s legislature. Compared to the EU average of 33.4% and the frontrunners—Sweden (45.6%), Finland (45.5%), and Denmark (44.7%)—Cyprus lags significantly behind.

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The situation is no better in the national government. Unlike countries making progress in appointing women to ministerial roles, Cyprus remains far from achieving gender balance. While Belgium (55.0%), Estonia (50.0%), and France (50.0%) now have at least half of their national governments made up of women, Cyprus remains among the least progressive in this area.

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Uneven Progress Across The EU

Despite Cyprus’s stagnation, other EU countries have made significant strides. Malta (+14.9 pp), Latvia (+13.0 pp), and France (+10.3 pp) have seen the largest increases in female parliamentary representation over the past decade. Similarly, Belgium (+32.8 pp), Portugal (+25.7 pp), and Lithuania (+24.9 pp) recorded the biggest jumps in female participation in national governments.

Meanwhile, some EU nations remain stark outliers. Hungary had no women in its national government in 2024, while Czechia (5.9%) and Croatia (10.5%) had some of the lowest shares of female ministers.

As Europe pushes toward greater gender equality in politics, the gap between progressive and lagging nations continues to grow. The question remains: will countries like Cyprus take action to close the divide, or will they continue to fall behind?

Read Gender Equality Remains A Top Priority, Says Cypriot President

Apple Shares Surge On Robust Quarterly Results Amid Strategic Transition

Quarterly Performance Highlights

Apple shares rose more than 3% on Friday following the release of quarterly results that exceeded expectations and updated revenue guidance. The company forecast fiscal third-quarter revenue growth of 14% to 17% year-on-year, above market expectations of around 9.5%. Demand for the iPhone 17 lineup remained a key driver, alongside sales of Mac models, including the lower-cost MacBook Neo.

Revenue Guidance And Product Performance

During the earnings call, Apple reported fiscal second-quarter revenue of $111.18 billion, up 17% year-on-year and above expectations, despite a slight shortfall in iPhone revenue. Growth was supported by multiple segments, including Mac and services. Higher-margin services, such as subscriptions, Apple Pay, iCloud, and AppleCare, continued to contribute to overall revenue diversification. Tim Cook, Chief Executive Officer, described the iPhone 17 lineup as “the most popular in our history,” reflecting continued consumer demand across product categories.

Margin Management Amid Global Supply Challenges

Cook also addressed supply conditions, noting ongoing pressure from rising memory costs linked to global supply constraints. He said the company is evaluating different approaches to manage these costs while maintaining margins. Analysts at Morgan Stanley raised their earnings per share forecast for the fiscal year from $8.63 to $8.89, citing Apple’s margin management. Cook is expected to step down in September after a 15-year tenure.

Service Revenue And Long-Term Growth

Services revenue increased by approximately 16% year-on-year to $30.98 billion. Apple’s installed base, which exceeds 2.5 billion active devices, continues to support growth in subscription-based services. Gross margin reached 49.3% in the quarter, with guidance pointing to a range of 47.5% to 48.5% for the next period.

Looking Ahead

Despite concerns related to memory pricing and supply challenges, Apple’s strategic initiatives and robust demand for its diverse range of products have positioned it favorably for sustained growth. As the market continues to watch the leadership transition and further product innovations, Apple remains a pivotal player within the technology sector, demonstrating a consistent ability to navigate complex market dynamics.

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