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Cyprus Youth Stay With Parents Longer Than EU Average

Young people in Cyprus leave their parents’ homes at an average age of 27, slightly later than the EU average of 26, according to new Eurostat data released for International Youth Day.

The survey covers people aged 15 to 29, who account for around 17% of Cyprus’ population.

Employment And Education

Cyprus has a relatively high youth employment rate, with 55.2% of young people reporting that they are employed, compared with 49.1% across the EU. At the same time, youth unemployment has fallen significantly over the past decade, dropping from 24.5% in 2015 to 9.3% in 2025.

Education levels are also relatively high, with 30.6% of young people in Cyprus holding higher education qualifications. Online learning is gaining ground as well. In 2025, 27.4% of young people attended online courses, while 21% reported having digital skills above the basic level.

Social Media And Life Satisfaction

Social media remains particularly widespread among young people in Cyprus, with 99.3% saying they use social media. That was the highest rate recorded across the EU.

Despite differences in employment, education and living arrangements, Cypriot young people reported relatively high levels of life satisfaction.

On a scale from zero to 10, they gave their lives an average score of 7.7.

Cyprus Business Electricity Prices Rank Among The EU’s Highest

Electricity prices for a defined group of non-household consumers in Cyprus reached €0.23 per kilowatt-hour in the first half of 2026, placing the country among the most expensive in the EU, according to Eurostat.

The rate matched Italy and exceeded the EU average of €0.18. Ireland recorded the highest price at €0.27 per kilowatt-hour.

The figures cover non-household consumers with annual electricity consumption of between 500 and 2,000 megawatt-hours, rather than all businesses or households.

EU Electricity Prices Continued To Fall

Across the EU, average prices for this consumer group declined by 2% compared with the second half of 2025 and were 5.4% lower year on year.

The lowest rates were recorded in Finland (€0.09 per kWh) and Sweden (€0.12), followed by Denmark, Spain and Portugal, all at €0.13.

Prices Fell In Most Member States

Electricity prices declined year on year in 19 EU countries during the first half of 2026. Luxembourg recorded the largest fall, at 23.8%, followed by Czechia (11.9%) and Greece (11.8%).

Prices increased in eight member states, led by Sweden (18.8%), Finland (18.7%) and Bulgaria (14.2%). Despite the sharp increases, Finland and Sweden continued to have the lowest electricity prices in the bloc.

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