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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.

The Future Forbes Realty Global Properties

Eurobank Approves €258.7M Dividend And €288M Share Buyback

by THEFUTURE.TEAM

April 29, 2026

Robust Dividend And Share Repurchase Initiatives

Eurobank S.A. shareholders approved a dividend distribution of €258.7 million at the annual general meeting held on April 28. The resolution was supported by approximately 77% of paid-up capital, representing more than 2.77 billion voting shares. The dividend will be paid from special reserves and remains subject to approval by the European Central Bank.

Strategic Share Buyback And Capital Optimization

In addition, shareholders approved a share buyback programme of up to €288 million over the next 12 months, pending regulatory clearance. The programme includes the cancellation of 28,097,019 own shares, which will reduce share capital by approximately €6.18 million. Following this adjustment, total share capital is set at €792,751,032.04, divided into around 3.6 billion ordinary voting shares with a nominal value of €0.22 each.

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Enhanced Executive And Employee Incentives

Alongside capital measures, the meeting addressed remuneration. Shareholders approved an allocation of €35.2 million from special reserves for employee compensation. A five-year programme was also introduced to distribute shares to eligible executives and employees of Eurobank and affiliated entities. In parallel, a revised variable remuneration framework allows selected senior executives to receive up to 200% of fixed pay.

Governance And Audit Oversight Reforms

Changes were also made at the board level. Alexandra Reich was appointed as an independent non-executive director, replacing Jawaid Mirza. Following this appointment, eight of the thirteen board members are classified as independent. Amendments to the articles of association introduce flexibility in board terms and allow partial renewals.

Strengthening Audit And Sustainability Commitments

On the audit side, KPMG Certified Auditors S.A. was appointed as the statutory auditor for 2026. The fee is set at €1.8 million for statutory audits of separate and consolidated financial statements, with an additional €0.3 million allocated for assurance of the sustainability statement. The meeting also approved the 2025 remuneration report and confirmed committee fee arrangements, alongside updates on audit committee activity and independent director reporting.