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Cyprus Poverty Risk Holds At 17.1% As Older Population Remains Most Exposed

Overview Of Arope Findings In Cyprus

Around 167,000 people in Cyprus, or 17.1% of the population, were at risk of poverty or social exclusion in 2025, according to data from the Cyprus Statistical Service. The figure is based on the EU’s AROPE indicator and remains broadly stable compared to the previous year.

Disparities Across Gender And Economic Factors

The indicator covers households below the poverty threshold, those facing severe material and social deprivation, and those with very low work intensity. While the overall rate has not changed significantly, differences across groups remain.

Women recorded a higher risk rate at 18.7%, compared to 15.5% for men. At the same time, the poverty risk indicator increased slightly to 14.9% from 14.6%, while the share of households with very low work intensity remained at 4.2%. Severe material and social deprivation declined to 2.2% from 2.5%.

Income Threshold Adjustments And Social Transfers

Income thresholds increased, reaching €13,240 for single-person households and €27,803 for two adults with two children under 14, up 6.8% compared to 2024. Median disposable income for single-person households also rose, from €20,667 to €22,067. Social transfers continue to play a key role. Once pensions and benefits are included, the poverty rate decreases by 18.7 percentage points.

Comparative Analysis With EU And Local Context

The EU average AROPE rate stood at 21% in 2024, placing Cyprus below the EU level overall. Lower risk levels were recorded among younger and working-age populations, with 14.8% for those under 18 and 13.8% for those aged 18 to 64. However, the picture differs for older groups. In Cyprus, 31.5% of people over 64 are at risk, compared to an EU average of 19.2%.

Regional Comparisons And Policy Implications

In Greece, 27.5% of the population was at risk in 2025, an increase of 0.6 percentage points, driven mainly by higher material and social deprivation. The rate among children reached 29.6%. Despite lower income thresholds, social transfers reduced the theoretical poverty rate in Greece from 43.9% to 19.6%.

The Imperative For Targeted Social Policies

The data show that overall poverty risk in Cyprus remains stable but uneven across groups, with older populations facing higher exposure. Addressing early-stage poverty remains a key focus for policymakers, particularly in efforts to reduce long-term vulnerability.

Apple Schedules October 28 Event As Focus Shifts To Pro Devices And Macs

Apple has invited media and analysts to an event in Los Angeles on October 28, signalling a new product launch focused on its high-end devices. The company described the gathering as an “Apple Experience in Los Angeles”, accompanied by the teaser line “Pro and tell”.

The wording suggests a focus on professional-grade products, potentially powered by Apple’s latest in-house chips. The event also comes as the company appears to be moving towards a more frequent product launch schedule under chief executive John Ternus.

A More Aggressive Launch Rhythm

Ben Reitzes, an analyst at Melius Research, said in a Monday note that he expects Apple to unveil new Macs this autumn, including what he described as a touchscreen notebook. He also suggested that Ternus is introducing a “meaningful shift” from the two major annual events that characterised the Tim Cook era.

The October showcase will be Apple’s third product event under Ternus, who succeeded Cook last month. Previous launches included new iPhones, among them the foldable Duo, as well as a separate New York event focused on smart home hubs and HomeView, a screen-equipped speaker.

Macs Move Back Into Focus

Apple refreshed the Mac Mini and Mac Studio with new chips in August and updated the MacBook Pro in the spring, alongside the lower-priced MacBook Neo. The iMac, however, has not received an update since October 2024, leaving room for further announcements.

Mac revenue accounted for roughly 10% of Apple’s total sales in the most recent quarter, highlighting the iPhone’s continued importance to the business. Nevertheless, Macs have become one of the company’s stronger assets in artificial intelligence, partly because their chips can access more memory at higher speeds than many consumer processors.

AI Partnerships Add Strategic Significance

Apple’s Mac strategy is gaining importance as the company develops its artificial intelligence offering. Last week, Apple and Meta announced a partnership to bring a large open-weight model developed by Meta to multiple high-end Mac Studio systems.

A potential move towards touchscreen laptops would also mark a departure from Apple’s historical position. In 2018, software chief Craig Federighi argued that the ergonomics of touchscreen laptops could fatigue users, reflecting the company’s long-standing resistance to the format.

Apple shares have risen 26% this year, outperforming the S&P 500 as investors continue to respond to the company’s hardware margins and evolving AI strategy.

The October 28 event will provide another indication of how Ternus plans to reshape Apple’s product cycle and position its premium devices in an increasingly competitive technology market.

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