People in Cyprus saved only 6.5% on average of their disposable income, half the EU average of 12.7%, according to Eurostat non-financial sector accounts 2022 data. Saving rates were significantly lower than
Some 2.7% of the population (24,000 people) live in severe material and social deprivation conditions, but the figure continues to be below the EU27 average. There was a slight increase from 2021 (2.6%)
In an updated Foreign Ministry advisory, Cypriot nationals are warned to avoid all travel to Lebanon. In a Travel Advice issued on Sunday, the Ministry said it is closely monitoring the situation in
Fifty-two Cypriots remain in Israel who have not expressed a desire for repatriation, said Cyprus Ambassador to the country, Kornelios Korneliou. He told the Cyprus News Agency (CNA): “Since October 7, when the Hamas
The percentage of Cypriots interested in the news from most information sources has recorded a drop, a Union of Cyprus Journalists (UCJ) survey has shown. The third annual survey on the qualitative
Around 200 Greek and Turkish Cypriots participated in the International Day of Peace Run in divided Nicosia. The United Nations Development Programme organised the event with funding from the European Union, in coordination
A usual working week for people aged 20-64 in Cyprus averages 39.5 hours, above the EU average of 37.5 hours, according to Eurostat data. There were significant differences in working hours among EU
Cyprus is among those EU countries with the lowest percentage of people unable to afford an internet connection, according to Eurostat. In 2022, 0.5% of the population in Cyprus could not afford
Despite pressures from the government and EU monetary bodies, Cyprus banks still charge higher interest rates for loans and lower rates for deposits than most eurozone countries. Data released by the European
Some 16% of Cypriots admit to accessing online content illegally, especially to watch sports, the European Union Intellectual Property Office (EUIPO) said in a report. It added that 54% of Cypriot consumers
