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Cyprus President Outlines Strategic Investment And Energy Initiatives To Drive Economic Growth

by THEFUTURE.TEAM

Strategic Energy Reforms And Investment Vision

Nikos Christodoulides, President of Cyprus, outlined energy and investment priorities during the 16th Nicosia Economic Congress. He focused on natural gas development, renewable energy capacity, and attracting targeted foreign investment.  The discussion included a roundtable with business leaders on energy constraints and investment positioning.

Innovative Energy Strategies And Renewable Integration

Christodoulides said Cyprus is in discussions with ENI and Total on natural gas development, with an agreement expected by the end of April. The plan targets gas exploitation starting in 2027. Renewable energy capacity increased from 19% to 24% during his term. He said current levels remain below potential despite high solar exposure. Plans for energy storage systems are under preparation to support further expansion.

Global Investment Engagement And Strategic Diversification

Government officials are planning investment-focused meetings in India, the United States, and Kazakhstan. Scheduled visits include Mumbai and New Delhi. Christodoulides said Cyprus is pursuing a targeted investment approach focused on specific sectors rather than broad-based inflows. He said not all sectors are open to investment without strategic alignment.

Economic Resilience And Diversification Beyond Traditional Sectors

Cyprus has returned to an A credit rating after losing investment grade in 2011. Economic indicators include high growth relative to other European countries, low unemployment, and a declining debt-to-GDP ratio. A €200 million support package was introduced to support households and businesses. The government said the measures align economic policy with social and defense priorities.

A Multifaceted Approach To Future Growth

The government is expanding its focus beyond tourism and services into technology, higher education, shipping, and defense. European Union funding is contributing to growth in security-related sectors. Miltos Michaelas, CEO of Alpha Bank Cyprus, and representatives from KPMG Cyprus said progress has been made in financial services and the broader business environment. Industry participants also raised the need for coordinated fintech policy and improvements in digital payments.

Outlook And Concluding Strength

Christodoulides said stability and predictability remain priorities amid geopolitical risks affecting Ukraine and the Middle East. Government policy continues to focus on fiscal discipline, energy development, and targeted investment as key drivers of economic activity.

Women Accounted For More Than Half Of Scientists In 10 EU Regions

by THEFUTURE.TEAM

In Portugal’s Continente region, 265,100 women worked as scientists and engineers in 2025, representing 46% of the total workforce in these occupations.

Across the EU, women made up more than half of all scientists and engineers in 10 regions. Four were located in Spain, two in Portugal and one in Greece. The remaining regions were Poland’s Makroregion centralny, Sweden’s northernmost region and France’s outermost regions.

Most of these areas had relatively small numbers of scientists and engineers overall. Spain’s Noreste region was the largest, with 102,700 women in these occupations, accounting for 51% of its total workforce.

Women’s Representation Varies Across Europe

The figures highlight considerable regional differences in both the number of women working in science and engineering and their share of the overall workforce.

Cyprus remains below the EU average, with women accounting for 37.8% of scientists and engineers. However, this share is broadly comparable to that of Île-de-France, one of Europe’s largest centres of scientific and engineering employment.

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