Cyprus Mail19 Jun 2026

Cyprus near EU average for living standards as economic gaps persist

Cyprus maintained a steady economic profile between 2024 and 2025, with figures from Eurostat confirming that the island remains close to the European Union average for living standards.

The island recorded an actual individual consumption figure of 98 per cent of the European Union average for both 2024 and 2025, positioning it firmly among the nations closing in on the continental benchmark....

This is a summary. Read the full article at Cyprus Mail.

Read full article

More from Cyprus

All news

Cyprus Mail

What a long-term strategic energy plan should include

The question is no longer whether Cyprus needs a long-term energy plan. The question is what such a plan should include. A successful energy strategy must provide a coherent framework that links energy security, affordability, competitiveness, decarbonisation, water security a...

today

in-cyprus

One evacuated as car fire damages Nicosia building in suspected arson

A car parked in a makeshift shed adjoining a four-storey building in the Agioi Omologites area of Nicosia caught fire in the early hours of Friday, causing extensive damage to neighbouring premises, a ground-floor gym and nearby shops. The car, belonging to a 23-year-old woman...

today

Cyprus Mail

Fire in Livadia may have been caused by PV system

An investigation is underway into a fire that broke out in a house in Livadia, Larnaca on Friday, which may have been caused by a technical failure in a photovoltaic system transformer. Police said that the fire broke out at around 3am and quickly spread to the ground floor of...

today

Cyprus Mail

How Gulf Coast Western built operations across the south

What began as a single Dallas-based oil and gas venture in 1970 has since grown into a multi-state exploration and development company with operations stretching from South Texas to the Louisiana parishes and beyond. Gulf Coast Western built that footprint through targeted acq...

today