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Cyprus Records 5,000 Job Transitions From Unemployment In Q4 2025

by THEFUTURE.TEAM

March 16, 2026

Employment Transition In Cyprus

Cyprus recorded roughly 5,000 transitions from unemployment to employment among individuals aged 15 to 74 during the fourth quarter of 2025, according to Eurostat data released on Friday. This figure, although slightly lower than the approximately 6,000 transitions in the third quarter, underscores continued, albeit modest, momentum within the Cypriot labor market.

Eurostat Data Analysis Across The European Union

Across the European Union, 3.1 million unemployed people found jobs between the third and fourth quarters of 2025. This represents a transition rate of 22.9%. At the same time, 6.9 million people remained unemployed. This group accounted for 51.9% of those who were unemployed in the previous quarter. Another 3.4 million people, or 25.2%, moved out of the labour force.

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Comparative Insights Among Key EU Economies

Among larger EU economies, Spain recorded 740,000 people moving from unemployment into employment. The figure increased from 690,000 in the previous quarter. France recorded 701,000 such transitions, up from 568,000. Germany reported 525,000 transitions, compared with 447,000 in the previous quarter. Portugal recorded a slight decline, with transitions falling to 99,000 from 101,000. Greece also reported a decrease, with transitions declining to 46,000 from 49,000. Italy recorded 107,000 transitions, down from 129,000.

Dynamics Within Smaller Member States

Among smaller EU member states, Austria recorded 91,000 transitions from unemployment to employment. The figure increased from 84,000 in the previous quarter. Ireland reported 60,000 transitions, up from 42,000. Luxembourg recorded a decline, with transitions falling to 4,000 from 5,000.

Shifts In Employment, Unemployment And Labour Force Participation

Eurostat also reported movements among people who were employed in the third quarter of 2025. About 2.5 million people, or 1.2%, became unemployed in the fourth quarter. Another 4.8 million people, representing 2.3%, moved out of the labour force. Among those previously outside the labour force, 4.2 million entered employment in the fourth quarter. Another 3.8 million moved into unemployment.

The figures reflect labour market movements across the European Union during the period.

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Cyprus Introduces €200 Million Support Measures To Cut Energy And Food Costs

by THEFUTURE.TEAM

March 27, 2026

Comprehensive Relief Measures For A Resilient Economy

The government of Cyprus introduced support measures exceeding €200 million to reduce household expenses and support key sectors. The package targets energy costs, food prices, tourism and agriculture. Measures come in response to rising costs and supply pressures. Implementation begins in April and May 2026.

Energy And Fiscal Reforms

The government will reduce VAT on electricity for households to 5% from May 1, 2026, to March 31, 2027. The measure is expected to lower energy bills. Special consumption tax on transport fuels will decrease by 8.33 cents per liter between April and June 2026. Policy targets fuel-related costs.

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Broadening The Zero VAT Initiative

Authorities will expand the list of products with zero VAT. Meat, poultry and fish will be included from April 1 to September 30, 2026. Existing zero-VAT categories already include fruits and vegetables. The government also decided not to introduce a green tax on fuels, avoiding an additional cost of about 9 cents per liter.

Sector-Specific Supports

The package includes a 30% wage subsidy for hotel employees for April 2026. Measure supports tourism businesses during the early season. Support for airlines aims to maintain connectivity with key destinations. The agriculture sector will receive subsidies covering 15% of costs for fertilizers and supplies in April and May.

Economic Stability, National Security

President Nikos Christodoulidis said economic stability remains a priority for the government. He noted that growth, fiscal balance and inflation trends support current policy decisions. Statement links economic policy with broader national priorities. The government continues to monitor external risks.

Ensuring Consumer Protection

Furthermore, the government has mandated rigorous market oversight and intensified inspections to prevent exploitative pricing during this period of economic intervention. This proactive stance ensures that the benefits of the measures directly serve the citizens without unintended inflationary impacts.