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Cyprus Ranks Third In The EU For Dangerous Goods In Road Freight As Activity Rebounds

Cyprus Climbs To Third Place In EU Dangerous Goods Road Freight

Cyprus recorded the third-highest share of dangerous goods in road freight transport across the European Union in 2025, according to Eurostat, with such cargo accounting for 7.5% of total tonne-kilometres.

Only Finland, at 9.8%, and Ireland, at 7.8%, posted higher shares. At the other end of the scale, Lithuania recorded the lowest proportion at 0.7%, while Portugal and Slovakia each stood at 1.9%.

Dangerous goods include items such as flammable liquids, toxic substances and explosives. Across the EU, they represented 4% of road freight transport when measured by tonne-kilometres.

Cyprus Freight Volumes Continue To Rise

The figures come against a backdrop of stronger road freight activity in Cyprus during 2025. According to the Statistical Service of Cyprus, the weight of goods transported by road within the island rose by 4.8% over the year, while freight moving to and from Cyprus increased by 10%.

The momentum was particularly visible at the end of the year. In the fourth quarter alone, domestic road freight volumes were up 19.4% year on year, while freight to and from the island rose 14.2%.

EU Road Freight Edges Higher

Across the bloc, 13.29 billion tonnes of goods were transported by road in 2025, up 1.8% from 2024. Measured by weight, metal ores, mining and quarrying products formed the largest category at 3.04 billion tonnes, or 22.9% of the EU total.

Food products, beverages and tobacco followed at 1.61 billion tonnes, while other non-metallic mineral products accounted for 1.6 billion tonnes. Both categories represented 12.1% of the total.

The ranking changes when freight is measured in tonne-kilometres, which captures both the weight carried and the distance travelled. In that measure, food products, beverages and tobacco led the way at 311.1 billion tonne-kilometres, equal to 16.6% of the EU total.

They were followed by grouped goods, which cover different types of goods transported together, at 237.1 billion tonne-kilometres, and agriculture, hunting, forestry and fishing products at 206.3 billion tonne-kilometres.

Poland Dominates EU Freight Activity

Overall EU road freight activity reached 1,886 billion tonne-kilometres in 2025, up 0.9% year on year. Poland remained the bloc’s largest road freight operator by some distance, posting 381 billion tonne-kilometres, or 20.2% of the total.

Germany followed with 277.4 billion tonne-kilometres, ahead of Spain at 272.6 billion, France at 172.9 billion and Italy at 161.7 billion. Together, those five countries accounted for 67.1% of EU road freight activity.

Cyprus recorded about 1.1 billion tonne-kilometres in 2025, broadly unchanged from the previous year.

Most EU road freight remained domestic, accounting for 62.2% of total tonne-kilometres. International transport represented 24.4%, cross-trade 10.7% and cabotage 2.7%.

EU Agrees On Major Overhaul Of Financial Market Supervision

European Union finance ministers have reached agreement on a sweeping package designed to strengthen oversight of the bloc’s financial markets, in a move aimed at reducing fragmentation and improving the flow of capital across borders.

A Push To Deepen Capital Markets

The Market Integration and Supervision Package, or MISP, would grant the European Securities and Markets Authority direct supervision over major market operators that are currently regulated by national authorities. The reforms are intended to make Europe’s capital markets more integrated, more efficient and better able to channel savings into productive investment.

According to the Irish presidency, the package is meant to help savings and investments move more freely across the European Union, improving access to finance for companies while giving households broader opportunities to earn returns on their savings.

What The Reform Would Change

Under the new framework, ESMA would take direct oversight of key trading venues, clearing houses, securities settlement bodies and crypto-asset service providers. The package would also establish a permanent, independent executive board within the regulator, strengthening its institutional capacity.

Market operators would be able to opt into a new EU-wide operating framework. In parallel, the reforms would seek to make national supervision more consistent and update rules governing trading, transaction completion, investment management and the use of blockchain technology.

Why The Agreement Matters

Supporters of deeper capital markets argue that Europe has long paid a price for regulatory inconsistency. While many rules are harmonised across the bloc, differences in enforcement and supervision have contributed to a patchwork system that can make cross-border investment slower and more costly.

A more integrated framework, proponents say, could lower costs for companies seeking funding and broaden the menu of investment options available to savers and institutional investors alike.

Outstanding Questions Remain

Despite the broad agreement, some important details remain unresolved. Trading venues operated by Deutsche Börse, the company behind the Frankfurt stock exchange, may remain outside ESMA’s direct supervision.

Euronews previously reported that Germany had secured an exemption for Deutsche Börse’s domestically focused trading venues, leaving part of the system under regional supervision. The latest announcement did not clarify whether that arrangement will stand.

A Step Forward For The Savings And Investments Union

Dutch Finance Minister Eelco Heinen welcomed the deal, calling it a major advance for the Capital Markets Union and saying Europe had made more progress in 10 months than in the previous 10 years.

The agreement is an important milestone in the Savings and Investments Union, the EU’s broader effort to channel more of Europeans’ savings into investments that can support growth, innovation and competitiveness across the bloc.

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