Cyprus Employment Rate Holds At 82.3%, Outpacing EU Average

by THEFUTURE.TEAM

September 14, 2026

Cyprus’ employment rate for people aged 20 to 64 held at 82.3% in the second quarter of 2026, remaining well above the European Union average, according to Eurostat.

Cyprus Stays 5.9 Points Above EU Average

The rate was unchanged from the first quarter and stood 5.9 percentage points above the EU average, which edged up to 76.4% from 76.3%.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Employment rose in 14 EU countries between the first and second quarters, remained unchanged in four, including Cyprus, and fell in nine.

Portugal And Malta Lead Quarterly Gains

Portugal and Malta recorded the largest quarterly increases, at 0.6 percentage points each. Greece followed with a 0.5-point gain, while Latvia and Slovenia each rose 0.4 points.

Austria recorded the sharpest decline, at 0.4 percentage points. Lithuania and Sweden followed, both down 0.3 points.

EU Labour Market Slack Holds At 11%

Labour market slack, which measures unused labour capacity among people aged 20 to 64, stood at 11% across the EU in the second quarter, unchanged from the previous quarter.

The measure includes unemployed people as well as others with an unmet need for work, providing a broader picture of underused labour capacity than the unemployment rate alone.

The Future Forbes Realty Global Properties

Cyprus Business Electricity Prices Rank Among The EU’s Highest

by THEFUTURE.TEAM

November 6, 2026

Electricity prices for a defined group of non-household consumers in Cyprus reached €0.23 per kilowatt-hour in the first half of 2026, placing the country among the most expensive in the EU, according to Eurostat.

The rate matched Italy and exceeded the EU average of €0.18. Ireland recorded the highest price at €0.27 per kilowatt-hour.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

The figures cover non-household consumers with annual electricity consumption of between 500 and 2,000 megawatt-hours, rather than all businesses or households.

EU Electricity Prices Continued To Fall

Across the EU, average prices for this consumer group declined by 2% compared with the second half of 2025 and were 5.4% lower year on year.

The lowest rates were recorded in Finland (€0.09 per kWh) and Sweden (€0.12), followed by Denmark, Spain and Portugal, all at €0.13.

Prices Fell In Most Member States

Electricity prices declined year on year in 19 EU countries during the first half of 2026. Luxembourg recorded the largest fall, at 23.8%, followed by Czechia (11.9%) and Greece (11.8%).

Prices increased in eight member states, led by Sweden (18.8%), Finland (18.7%) and Bulgaria (14.2%). Despite the sharp increases, Finland and Sweden continued to have the lowest electricity prices in the bloc.

Breaking news