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Cyprus: Leading EU Efforts In Migrant Returns

Cyprus has emerged as a leader among EU nations in successfully returning irregular migrants, as highlighted by Interior Minister Constantinos Ioannou at a recent gathering in Larnaca.

The Numbers Speak

This November saw Cyprus achieving a new balance in migration, with returns outpacing arrivals, showcasing a positive trend. The focus, according to Ioannou, is to bolster the return sector to manage migration effectively.

Since April, a doubling in asylum examiners and a 50% dip in new applications have helped boost returns by 60% compared to 2022. By October 2023, a total of 9,300 individuals departed Cyprus, a significant rise from 5,800 during the same period in 2022.

European Union Support

The Minister emphasized the necessity for EU-level coordination, highlighting the importance of agreements with third countries as part of the Eastern Mediterranean Action Plan. This approach aims to alleviate pressure on frontline countries.

With the European Commission’s allocation of €162 million for Cyprus’s Internal Affairs Funds from 2021-2027, including €134 million from EU resources, Cyprus is well-equipped to handle migration challenges. These measures underscore the EU’s recognition of Cyprus’s disproportionate burden.

Cyprus Construction Price Index Rises Amid Cost Pressures

The latest data from the Cyprus Statistical Service (Cystat) shows that the Price Index of Construction Materials in Cyprus reached 118.89 points in January 2026, based on a 2021 average of 100. Compared with December 2025, the index increased by 0.12%, indicating gradual price adjustments across the sector.

Year-Over-Year Growth

On an annual basis, the index recorded a 1.09% increase compared with January of the previous year. The rise reflects ongoing changes in contractor costs and highlights evolving market conditions within the construction industry.

Commodity-Specific Movements

The report provides a detailed breakdown by material category. Minerals recorded the strongest annual increase at 2.91%, followed by electromechanical products at 2.55%. Products made from wood, insulation materials, chemicals and plastics rose by 1.19%, while mineral products increased by 0.97%. In contrast, metallic products declined by 0.49%.

Volatility In Sub-Categories

More pronounced changes were observed within specific sub-categories. Mineral aggregates rose by 8.34%, while stones increased by 4.97% compared with January 2025. Electrical fixtures posted a 4.65% increase. Iron and steel products declined by 1.73%, and ceramics and cement continued to trend lower, falling by 1.47% and 1.38% respectively.

Methodological Insights

The index is calculated as a weighted average based on the expenditure share of sampled materials during the 2021 base year. Prices are collected monthly from a range of suppliers, using the 15th of each month as the reference date and excluding VAT. The Construction Costs Index applies specifically to new residential buildings.

This detailed analysis not only sheds light on current market trends but also offers stakeholders a robust framework for understanding the underlying cost dynamics in Cyprus’s construction materials market.

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