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Eurozone Inflation Outlook: Cyprus on Track to Achieve 2% Target by 2026

by THEFUTURE.TEAM

May 26, 2025

The latest European Commission projections signal a promising outlook for Cyprus, one of the few Eurozone countries poised to meet the European Central Bank’s 2% inflation target by 2025–2026. Despite early challenges—including a surge in food and tourism prices driven by robust demand and the lagged effects of wage increases—Cyprus is expected to benefit from the normalization of wage growth and moderating energy and commodity prices.

Steady Disinflation Across the Eurozone

Across the Eurozone, headline inflation is forecast to decline from 2.4% in 2024 to 2.1% in 2025 and further to 1.7% in 2026. The broader EU is set to see inflation drop to 1.9% by 2026, reinforcing a cautiously optimistic disinflationary trend in the region. While individual member states experience varying paces of adjustment, the overall narrative points toward a gradual stabilization of prices.

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Cyprus and Its Select Peers

In this context, Cyprus is emerging as a standout performer, maintaining inflation around the critical 2% mark well into 2026. Among its peers, France leads the reduction trend with an expected inflation rate of 0.9% in 2025, followed by Ireland, Finland, and Italy—with Italy projected at 1.8% in 2025 and potentially dropping further to 1.5% in 2026.

Diverse National Trajectories

The projections detail a nuanced landscape. For instance, Belgium is expected to see inflation ease from 2.8% in 2025 to 1.8% in 2026, bolstered by diminishing industrial and energy pressures. Germany, after recording 2.5% in 2024, is on course for a reduction to 2.4% in 2025 and 1.9% by 2026, aided by a significant decline in wholesale energy prices. Meanwhile, Estonia and Latvia confront higher inflationary pressures driven by domestic fiscal dynamics and wage-led services costs, though both are poised for improvements as global commodity pressures subside.

Looking Ahead

Countries such as Greece and Spain, which have experienced higher inflation rates, are also expected to witness gradual declines as easing energy costs and moderated service prices take effect. The European outlook underscores how varying economic conditions—from persistent wage pressures to fleeting commodity shocks—can shape national inflation trajectories. As the region moves toward 2026, policymakers and business leaders alike must remain vigilant, adapting strategies to a landscape characterized by both resilience and change.

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Sklavenitis Cyprus Sets A New Standard For Employee-Centric Benefits

by THEFUTURE.TEAM

September 12, 2025

Investing In Human Capital

In a bold move that underscores the growing importance of human capital in today’s business landscape, Sklavenitis Cyprus has taken innovative steps to ensure its workforce is both valued and supported. The supermarket chain has introduced a policy to pay a 14th salary to all employees—including those from Papantoniou Supermarkets—cementing its status as the sole retailer in Cyprus to implement such a comprehensive benefit.

A Significant Investment In People

This initiative is far from symbolic. With an estimated total cost of €2 million, it represents a committed investment in the company’s most valuable asset—its people. By providing an additional salary, Sklavenitis reinforces a culture of inclusivity and fairness, acknowledging every employee’s contribution to its success.

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Robust Benefits For Long-Term Stability

Complementary to the 14th salary, the company has launched a robust benefits program designed to address both financial and personal security. An Automatic Cost of Living Adjustment (ATA) of 12.56 per cent ensures that wages remain aligned with inflation, safeguarding real income stability for its team members.

Comprehensive Health And Life Support

Sklavenitis further enhances employee welfare through access to a Group Life and Health Insurance Plan and a Provident Fund co-funded by the employer. These measures not only provide immediate protection but also empower employees to plan confidently for the future.

Exclusive Perks And Incentives

The company extends its commitment beyond conventional benefits by offering store discounts, a birth allowance, and holiday gift vouchers valued at €100 during both Easter and Christmas. These additional perks enhance employee satisfaction and underline Sklavenitis’ people-first ethos.

A Strategy For Mutual Success

In an industry where employee engagement directly impacts customer satisfaction, Sklavenitis’ comprehensive approach stands out as both a progressive and strategic business decision. By investing in its workforce, the company not only nurtures a supportive workplace but also drives superior corporate performance, setting a new benchmark for responsible employment practices in Cyprus.