Cyprus Employment Growth Surpasses 2% In Fourth Quarter 2025

Provisional figures released by the Cyprus Statistical Service (Cystat) show that the country’s workforce reached an estimated 519,116 in the fourth quarter of 2025, representing a 2% increase compared with the same period a year earlier.

Steady Expansion Across Critical Sectors

Employment data indicate that 466,265 individuals were employed, while 52,851 were self-employed. The figures show activity in both wage employment and self-employment. Sectors reporting increases included wholesale and retail trade, repair of motor vehicles and motorcycles, construction, and manufacturing.

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Increased Workforce Hours Underpin Economic Resilience

Alongside the increase in employment, actual hours worked reached 244.17 million in the fourth quarter of 2025, representing a 3.3% increase compared with the same period in 2024. The figures indicate higher labor input across the economy during the period.

Rigorous Data Compilation Strengthens Confidence

The estimates are based on data from several official sources, including the Employment and Job Vacancies Survey, the Labour Force Survey, the Social Insurance Register, and information from the Treasury of the Republic of Cyprus. The combination of these datasets provides a broader statistical basis for assessing employment trends and labor market activity.

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Lithuania And Cyprus Forge Enhanced Partnership In Tourism And Defence

by THEFUTURE.TEAM

May 22, 2026

Expanding Cooperation Beyond The Surface

Kristupas Vaitiekūnas highlighted opportunities for closer cooperation between Lithuania and Cyprus during his visit to Nicosia for the informal ECOFIN meeting. Speaking to the Cyprus News Agency, the Lithuanian finance minister said both countries share common challenges and could expand collaboration in areas including tourism, defence and financial services.

Addressing Shared Challenges

Finance Minister Kristupas Vaitiekūnas said Lithuania and Cyprus face similar security and economic pressures despite their geographic differences. Particular attention was given to emerging security threats, including drone-related risks, alongside the importance of maintaining resilient financial sectors. According to Vaitiekūnas, stronger coordination in those areas could deliver long-term economic and strategic benefits for both countries.

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Focus On Fiscal Stability And Energy Security

Discussions at the ECOFIN meeting are expected to focus on Europe’s economic outlook, energy market volatility and fiscal stability. Kristupas Vaitiekūnas warned that instability in the Middle East could continue affecting oil markets and broader economic performance across Europe. Housing affordability was also identified as a growing challenge, with rising property prices in cities such as Vilnius reflecting broader pressures seen across European markets.

Coordinated Energy Strategy And Future Investments

The Lithuanian finance minister also called for a more coordinated European approach to energy and economic resilience. Vaitiekūnas suggested that targeted and temporary policy measures could prove more effective than large-scale structural reforms in addressing short-term pressures. Lithuania continues to increase investment in renewable energy generation and storage infrastructure as part of efforts to strengthen energy independence and begin producing surplus electricity by 2028.

Support For Ukraine And Enhancing Defence Funding

Finance Minister Kristupas Vaitiekūnas reaffirmed Lithuania’s support for Ukraine, describing the war as a broader struggle tied to European security and democratic values. He also backed accelerating Ukraine’s accession process to the European Union, arguing that deeper integration would strengthen regional stability and economic prosperity. Vaitiekūnas welcomed the EU’s SAFE programme, which is expected to support Lithuania’s defence capabilities while contributing additional assistance to Ukraine.

Looking Ahead To A More Unified Europe

Addressing the European Union’s future budget framework, Kristupas Vaitiekūnas said increased funding for security and defence represented a positive development. At the same time, he warned that reductions in cohesion funding and agricultural support could negatively affect purchasing power and long-term European unity. Lithuania is expected to place continued emphasis on Ukraine and regional security ahead of its upcoming EU Council Presidency in early 2027.

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