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One In Three Cypriots Open To Using Digital Euro

Around one in three Cypriots say they would use the digital euro in their daily lives, despite limited awareness of the new form of money, according to the first islandwide survey published by the Central Bank of Cyprus.

With the first issuance currently expected in 2029, the findings suggest that public education will be crucial, particularly among people who rely more heavily on cash or have less experience with digital tools.

Awareness Remains Low

Some 61% of respondents say they have no knowledge of the digital euro, while just 1% consider themselves fully informed.

Awareness is higher among people under 65, those with tertiary education and employed respondents. Among those who have heard of the digital euro, awareness is also more common among men, higher-income and more highly educated people, as well as urban residents.

Social media is the leading source of information, cited by 49% of respondents, followed by television at 30%.

35% Would Use The Digital Euro

Despite the knowledge gap, 35% say they are willing to use the digital euro in their daily lives. This is particularly true among people under 45, employed respondents and those with higher education and incomes.

Among potential users, 41% would use it for purchases in physical shops, 40% for online shopping and 33% for person-to-person payments.

By comparison, 28% say they are somewhat or very unlikely to use the digital euro.

Privacy And Cash Are Main Concerns

The biggest concerns are the possibility of transactions being tracked and fears that cash could eventually be abolished, cited by 53% of respondents.

Another 38% are concerned about security, while 25% worry about managing their spending. Some 30% have significant concerns about the ease of using the digital euro.

For businesses, 9% say their willingness to accept digital euro payments would depend on factors such as cost, ease of implementation and demand, while 27% say they would not accept such payments.

Francis Halzen Wins Nobel Prize For Turning Antarctic Ice Into A Window On The Universe

A Detector Built For The Rare And The Distant

A detector buried deep beneath the Antarctic ice has delivered one of physics’ most consequential breakthroughs — and earned its creator the field’s highest honor. Belgian physicist Francis Halzen has won the 2026 Nobel Prize in Physics for pioneering work behind IceCube, the cubic-kilometre observatory designed to capture neutrinos from the farthest reaches of the cosmos.

“This year’s prize is about ghostly messengers from space,” said Ellen Moons, secretary general of the Royal Swedish Academy of Sciences, announcing the award in Stockholm.

The academy praised Halzen for “decisive contributions to the IceCube Neutrino Observatory and the discovery of high-energy neutrinos of astrophysical origin,” calling the project a breakthrough that has “paved the way for a new kind of astronomy.”

Why Neutrinos Matter

Neutrinos are among the most elusive particles known to science. They are produced in some of the universe’s most violent environments, yet they pass through matter almost unhindered, making them extraordinarily difficult to detect. That same quality is precisely what makes them so valuable to researchers: because neutrinos travel in a straight line and emerge intact, they can carry information from deep space that light and other particles cannot.

As the academy explained, “Neutrinos reach us without changing direction or losing energy. This means they can provide information that is not available in any other way.”

The challenge is scale. High-energy cosmic neutrinos are extremely rare, which means scientists need an enormous detection volume to catch enough collisions to study them. IceCube meets that challenge by using a vast block of Antarctic ice instrumented with light sensors.

From A 1988 Idea To A Global Research Landmark

Halzen first proposed the observatory in 1988, and the concept quickly gained support among other researchers. Early tests followed in the years after, but the full detector was not completed until 2011. Today, the IceCube Observatory at the Amundsen-Scott South Pole Station is the world’s largest neutrino detector.

Halzen, who serves as principal investigator of the project, said the prize was especially meaningful because of the team behind it. “For me, the main pleasure of it, besides winning the Nobel Prize, is that I hope this reflects on the really courageous people who joined me in the beginning of this project,” he said.

From Leuven To The South Pole

Born in Tienen, Belgium, Halzen earned a master’s degree in physics from KU Leuven in 1966 and a doctorate in 1969. He later became a US citizen and is now a professor at the University of Wisconsin–Madison, where he directs the Institute for Elementary Particle Physics. More about the university can be found at https://www.wisc.edu/.

Since the 1970s, Halzen has been a leading figure in cosmic ray and astroparticle physics, with research spanning cosmic ray anomalies and quark matter. He has also served on advisory committees for major scientific institutions, including the Sudbury Neutrino Observatory in Canada and Germany’s Max Planck Institutes.

Speaking by phone from Italy shortly after the announcement, Halzen called the prize “a great surprise” and said he had not expected it. “But it’s a great pleasure to hear about this prize,” he added.

The Second Nobel Of The Season

Halzen’s award is the second Nobel announced this year. On Monday, the medicine prize went to US psychiatrist and neurologist Karl Deisseroth, along with German scientists Peter Hegemann and Georg Nagel, for their pioneering work in optogenetics, a method that uses light to control nerve signals.

The chemistry prize will follow on Wednesday, the literature prize on Thursday and the peace prize on Friday. The economics prize closes the Nobel season on Monday, October 12.

Each Nobel Prize includes a diploma, a gold medal and 12 million Swedish kronor, or about €1.1 million, with the award shared if there is more than one laureate. The ceremony will be held on December 10, the anniversary of Alfred Nobel’s death in 1896.

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