Cyprus Stock Exchange Initiates Certification Process For Energy Clearers

The Cyprus Stock Exchange (CSE) has unveiled a significant development in the energy sector with the introduction of a mandatory certification process for energy clearers within the competitive electricity market (CEM). This strategic initiative aims to bolster market integrity and operational transparency.

Structured Certification And Examination

The certification process commences with an online seminar scheduled for July 3, 2025. During this session, participants will gain an in-depth understanding of the clearing terms that govern the competitive electricity market. A subsequent written examination, set for July 15, 2025, will assess the applicants’ proficiency in these regulatory frameworks through a multiple-choice format.

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Mandatory Prerequisite For Clearing Membership

Certification is a compulsory criterion for all entities aspiring to become registered Clearing Members in the CEM. The CSE has emphasized the importance of submitting applications promptly, as the registration process involves several stages and requires collaboration with multiple competent authorities beyond the CSE.

Application Guidelines And Fee Structure

Prospective applicants must complete their registration by sending a request to Energyclearing@cse.com.cy no later than July 2, 2025, along with a fee of €150. Payments are to be directed to one of the designated accounts at either the Bank of Cyprus Public Company Ltd or Hellenic Bank Public Company Ltd, as detailed on the CSE’s official website.

Comprehensive Preparatory Materials

To ensure full preparedness, the CSE has published the key topics that will be addressed during the seminar and examined in the written test. These include critical segments from the CEM Regulations such as Appendix 1.3 on “Market Clearing Position Terms,” along with its sub-sections focusing on risk management procedures and enforcement measures. In addition, candidates must familiarize themselves with various technical procedures covering membership acquisition and exit, monetary settlements, professional competencies, and the operational protocol of the Default and Crisis Management Committee.

All relevant materials are available on the official Cyprus Stock Exchange website under the electricity market regulations section, providing a valuable resource for prospective energy clearers as they prepare for the certification process.

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Cyprus Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

by THEFUTURE.TEAM

May 25, 2026

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

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European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.

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