EU Archives - Page 8 of 52 - Financial Mirror

Cypriot GDP slowing but leaving EU behind

The Cypriot economy maintained strong momentum in the first quarter of 2023, with real GDP registering an annual growth rate of 3.4%, the second highest in the EU. There are signs of

18th May 2023

Cyprus/Economy

Global race for Critical Raw Materials

Raw materials start all industrial value chains. The EU itself was born from the European Coal and Steel Community. More recently, however, it has lost sight of this fundamental truth and sleepwalked

16th May 2023

Comment/World

Low approval rate of asylum claims

In 2022, EU countries granted protection status to 384,245 asylum seekers, up by 40% compared with 2021 (275,040), but in Cyprus, only 580 cases were granted (from 2,305), according to Eurostat. Of

28th April 2023

Cyprus/Europe

Electricity prices rise above EU average

In the second half of 2022, average household electricity prices in Cyprus rose sharper than the EU average, from €23 per 100 kWh to €32.6 per 100 kWh, while Europe went from €23.5

27th April 2023

Energy

Cyprus hourly wage below EU average at €15.6

Last year, the average hourly wage and salaries in the whole economy were estimated to be €15.6 in Cyprus but below the €22.9 for the EU and €25.5 in the euro area,

21st April 2023

Business

Cyprus lacks work-life balance

The Commission has decided to send a reasoned opinion to 11 countries, including Cyprus, for failing to nationally transpose EU rights on Work-Life Balance for parents and carers. The process could result

20th April 2023

Cyprus/Europe

President to launch EU Cyprus problem tour

President Nikos Christodoulides will visit fellow EU member states to encourage more active European involvement in breaking the six-year deadlock in Cyprus problem talks. “We consider the situation at this juncture favours the

19th April 2023

Cyprus

Cyprus has EU’s highest ratio of Ukrainian refugees

Cyprus recorded the largest ratio of Ukrainian citizens that were granted temporary protection during February, according to Eurostat. It registered 1.1 Ukrainian nationals granted temporary protection per thousand people, followed by Czechia

18th April 2023

Cyprus/Europe

Nicosia rents favourable against other EU capitals

Eurostat recently published comparative rents, compiled with our contribution, for apartments and houses in the capitals of EU states, showing Nicosia has cheaper rents than most. The data also indicates that Nicosia

15th April 2023

Comment/Property

Cyprus has EU’s highest rise in retail trade

In February, the monthly seasonally adjusted volume of retail trade increased by 1.6% in Cyprus and 8.3% annually, the highest increase among EU states, according to Eurostat. During the same month, the

11th April 2023

Economy/Europe