Cyprus Sets The Benchmark: 74% Of Master’s Students Are Women In 2022

Cyprus is rewriting the rulebook on higher education in the European Union. According to Eurostat data, the island nation recorded the highest percentage of women in master’s programs among EU member states in 2022 while also boasting one of the strongest showings in doctoral studies.

Master’s Programs: A New Standard In Gender Equality

In 2022, Cyprus enrolled 9,359 master’s (or equivalent) students, of whom 6,948 were women—a striking 74.2%. This figure outpaces other EU nations, with Poland (67.3%) and Lithuania (66.1%) trailing behind. Across the EU, women make up 58.6% of master’s students (905,678 out of 1.5 million), a majority in every country except Luxembourg, where gender parity prevails.

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Doctoral Studies: Climbing The Ladder

Cyprus isn’t stopping at master’s programs. At the doctoral level, 83 out of 143 students in 2022 were female (58.0%), placing Cyprus second only to Latvia (59.6%) and ahead of Lithuania (57.4%). In comparison, the EU-wide average stands at 48.5% (48,079 out of 99,204).

A Decade Of Progress

Over the past decade, the EU has seen a slight decline of 0.4 percentage points in the share of women in master’s studies—driven by modest decreases in 12 countries, ranging from -0.1 in Slovenia to -3.6% in Hungary. In stark contrast, the share of women in doctoral studies has grown by 1.0 percentage point overall, with Cyprus registering the most impressive surge: an 8.0 percentage point increase from 2013 to 2022.

Implications For The Future

These figures highlight Cyprus as a leader in fostering gender equality in higher education, a crucial factor for driving future innovation and leadership. With such a robust commitment to empowering women at the highest academic levels, Cyprus is not only setting a benchmark for the EU but also paving the way for a more diverse and dynamic knowledge economy.

As the global spotlight increasingly focuses on diversity and inclusion, Cyprus’ standout performance in both master’s and doctoral studies signals a promising shift toward a more balanced and innovative future in higher education.

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Aegean Airlines Reports Higher Revenue And Profit In 2025

by THEFUTURE.TEAM

March 12, 2026

Financial Performance Overview

Greek air carrier Aegean Airlines delivered a solid financial performance in 2025, reporting increased revenue, profits, and passenger volumes as it advanced its expansion strategy. The consolidated revenue rose by 5% to reach €1.86 billion for the year, buoyed by a combination of network growth and heightened winter demand.

Expansion Strategy And Market Position

Capacity growth remained a central part of the airline’s strategy. Aegean Airlines offered 21 million available seats across domestic and international routes in 2025, representing a 6% increase compared with the previous year. The airline also expanded capacity during traditionally weaker travel periods to reduce the impact of seasonality. As a result, the annual load factor reached 82.5%, while total passenger traffic increased to 17.3 million, nearly one million more than in 2024.

Profitability And Dividend Proposal

Operating performance improved during the year. EBITDA reached €421.5 million, while pre-tax profit rose 17% to €192.1 million. Net profit increased 14% to €147.8 million. Additional costs related to European environmental regulations and the use of Sustainable Aviation Fuel added €43.3 million to operating expenses during the year. Lower fuel prices and a favorable euro exchange rate helped offset part of this impact. The board of directors has proposed a dividend of €0.90 per share, which will be submitted for approval at the upcoming annual general meeting.

Outlook Amid Geopolitical Volatility

Chief executive Dimitris Gerogiannis said the airline’s performance in 2025 was supported by network expansion, the delivery of new aircraft and higher capacity during off-peak travel periods. Looking ahead, he noted that rising geopolitical tensions in the Middle East could affect operations. Flights to the region represent approximately 4–5% of the airline’s total scheduled activity, and disruptions could influence demand and fuel costs. Higher fuel prices are expected to affect performance during the first quarter. Nevertheless, strong cash reserves and existing fuel hedging strategies are expected to help the airline manage potential volatility.

Debt Repayment And Financial Stability

The company also strengthened its balance sheet by repaying a €200.3 million common bond loan on March 12, 2026. The payment settled all obligations linked to the bond issued in March 2019. By the end of 2025, Aegean Airlines reported €955.1 million in cash, cash equivalents and financial investments, highlighting a strong liquidity position.

Conclusion

Aegean Airlines’ performance in 2025 reflects a well-executed blend of strategic expansion and fiscal discipline, positioning the carrier for continued success despite a challenging global environment. The company’s ability to sustain operational efficiency and profitability while managing external risks sets a compelling example for the aviation industry as it navigates an era of heightened market uncertainties.

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