Annual increase of 7.6% in registered unemployed in May, seasonal data show slight decrease

The unemployed persons, registered at the District Labour Offices on the last day of May 2026, reached 7,936 persons. Based on the seasonally adjusted data which reflect the trend of unemployment, the number of registered unemployed for May 2026 decreased to 10,476 persons, in comparison to 10,516 in the previous month, the Statistical Service of the Republic of Cyprus announced on Thursday.

This increase is mainly attributed to the sectors of accommodation and food service activities, administrative and support service activities, transportation and professional, scientific and technical activities, it is noted.

An increase of 7.6% was recorded in May, in comparison with May 2025, according to Statistical Service, while based on the seasonally adjusted data which reflect the trend of unemployment, the number of registered unemployed for May 2026 slightly decreased.

In addition, the unemployed persons, registered at the District Labour Offices on the last day of May 2026, reached 7,936 persons.

Compared to April 2026, the number of registered unemployed at the end of May 2026 decreased by 1,026. Based on seasonally adjusted data, which reflect the trend in unemployment, the number of registered unemployed in May 2026 fell to 10,476, compared to 10,516 the previous month.

Compared to May 2025, there was an increase of 558 people, or 7.6%, in the number of registered unemployed.

This increase is mainly attributed to the accommodation and food service sectors, administrative and support activities, transportation, and professional, scientific, and technical activities.

PRESS RELEASE – EUROPEAN COMMISSION

Commission adopts its June infringement procedures

To help citizens and businesses benefit fully from the European Union’s legislation, the European Commission maintains a constant dialogue with Member States to ensure compliance with EU law. It can initiate infringement procedures against Member States in the event of non-compliance. The decisions taken today, as part of this infringement package, include 34 letters of formal notice and 12 reasoned opinions.

The Commission also decided to refer 6 cases to the Court of Justice of the European Union. Finally, the Commission decided to close 59 cases in which the Member States concerned, in cooperation with the Commission, have brought an infringement to an end and ensured compliance with EU law.

The decisions and the corresponding press releases are available online. More information on the EU infringement procedure can be found in the following questions and answers.

Commission urges again Cyprus to fully transpose EU rules accelerating permitting procedures for renewable energy projects

Today, the European Commission decided to send an additional reasoned opinion to Cyprus (INFR(2024)0213) for failing to fully transpose into national law the provisions of the revised Renewable Energy Directive (Directive (EU) 2023/2413) related to the simplification and acceleration of permitting procedures. The revised Directive (EU) 2023/2413 amending Directive (EU) 2018/2001 entered into force in November 2023 and certain provisions had to be transposed into national law by the Member States by 1 July 2024. These provisions include measures to simplify and accelerate permitting procedures both for renewable energy projects and the infrastructure projects which are necessary to integrate the additional capacity into the electricity system. They also include clear time limits for permit-granting procedures targeted to specific technologies or types of projects, the strengthening of the role of the single contact point for applications, and the presumption that renewable energy projects and the related grid infrastructure are of overriding public interest. In September 2024, the Commission sent letters of formal notice to 26 Member States for failing to fully transpose the Directive into national law. In February 2025, Cyprus received a reasoned opinion for the complete lack of transposition given the country had not notified any transposition measures. After having examined the transposition measures notified thereafter and the explanations provided by Cyprus in the notified correlation table, the Commission has concluded that the Member State has not yet fully transposed the Directive. Therefore, the Commission has decided to issue an additional reasoned opinion to Cyprus, indicating which specific provisions are not considered transposed. Cyprus has now two months to respond and complete the transposition. Otherwise, the Commission may decide to refer the case to the Court of Justice of the European Union with a request to impose financial sanctions.

Commission calls on Belgium, Germany, Ireland, Spain, Croatia, Cyprus, Latvia, Luxembourg, Austria, Poland, Portugal, Slovenia and Slovakia to adopt national penalty schemes under ReFuelEU Aviation

The European Commission has decided to open infringement procedures by sending letters of formal notice to Belgium (INFR(2026)2058), Germany (INFR(2026)2060), Ireland (INFR(2026)2063), Spain (INFR(2026)2061), Croatia (INFR(2026)2062), Cyprus (INFR(2026)2059), Latvia (INFR(2026)2065), Luxembourg (INFR(2026)2064), Austria (INFR(2026)2057), Poland (INFR(2026)2066), Portugal (INFR(2025)2067), Slovenia (INFR(2026)2068) and Slovakia (INFR(2026)2069) for failing to establish national rules on penalties for breaches of Regulation (EU) 2023/2405 (ReFuelEU Aviation). The ReFuelEU Aviation framework provides long-term regulatory certainty to scale up the production and uptake of sustainable aviation fuels across the EU. Under the ReFuelEU Aviation, Member States are required to lay down the rules on penalties for aviation fuel suppliers, aircraft operators and EU airport managing bodies in the event of non-compliance, and to adopt necessary measures to ensure full implementation. Despite continued calls from the Commission to the Member State authorities, Belgium, Germany, Ireland, Spain, Croatia, Cyprus, Latvia, Luxembourg, Austria, Poland, Portugal, Slovenia and Slovakia failed to submit this information to the Commission by 31 December 2024, as required by the Regulation. The Commission is therefore sending letters of formal notice to these Member States, which now have two months to respond and address the shortcomings. In the absence of a satisfactory response, the Commission may decide to issue reasoned opinions.

2026 Justice Scoreboard highlights importance of effective justice systems for EU competitiveness and Single Market

Today, the European Commission published the fourteenth edition of the EU Justice Scoreboard, an annual report providing comparative data on the efficiency, quality, and independence of the justice systems among EU Member States.

The 2026 edition shows an improved perception of the independence and efficiency of justice systems. It also highlights the essential role of effective justice systems and independent authorities in fostering a fair and competitive environment, including data on key actors of the Single Market. For the first time, the Scoreboard also includes an overview of the competences of Member States’ highest administrative courts and ordinary courts in business-related cases.

The findings of this year’s Scoreboard will feed into the Commission’s 2026 Rule of Law Report, including its Single Market dimension.

Key findings of 2026 EU Justice Scoreboard

Independent Single Market authorities

For the first time, the Scoreboard provides information on the term of office of the bodies responsible for reviewing public procurement decisions. The findings are positive, showing that in most Member States, the members and presidents of such bodies are appointed for a limited and renewable term. The 2026 edition also presents an updated overview on the way that national competition authorities are appointed and dismissed and shows that the executive plays an important role in nearly all Member States.

Anti-Corruption

The 2026 Scoreboard introduces new and updated figures on anti-corruption, such as the length of judicial proceedings in bribery cases. In addition, it presents new figures on the functioning of national transparency registers, which help prevent corruption by ensuring transparent lobbying. The Scoreboard shows that 16 Member States have such a register in place, presenting an overview of how they work, and which officials are subject to transparency requirements in their interactions with lobbyists. These tools are crucial for good governance and accountability.

Digitalisation of justice systems

Digitalisation continues to progress across the EU: all 27 Member States now provide online information on their judicial systems, while 23 Member States allow online access to civil, commercial and administrative cases. The Scoreboard also highlights where more work is needed, with only six Member States having fully digital-ready procedural rules.

Efficiency and independence of justice

The Scoreboard shows that citizens in 17 Member States and companies in 18 Member States perceive judicial independence as having improved or remained stable, compared to last year. Many Member States continued improving the efficiency of their justice systems, building on reforms introduced in recent years to ensure effective access to justice. Similar to last year, eight Member States have recorded shorter proceedings across all categories (civil, commercial, administrative and other cases).

Access to justice

Most Member States are using digital technology in their first instance courts to make access to justice easier for persons with disabilities. Access to justice can also be improved through the involvement of other judicial authorities. This can alleviate the work of Courts and contribute to a more efficient justice system. This is illustrated in the 2026 Scoreboard, which presents for the first time the different types of authorities involved in consensual divorce proceedings. All Member States now have specific arrangements to make judicial proceedings more child-friendly and better adapted to children’s needs.

Next steps

The EU Justice Scoreboard findings contribute to the monitoring carried out within the framework of the Annual Rule of Law Cycle and the European Semester. They will inform the Commission’s 2026 Rule of Law Report, as well as the final stages of the national Recovery and Resilience Plans.

Background

Launched in 2013, the EU Justice Scoreboard serves as an analytic tool to monitor reforms related to the efficiency, quality and independence of justice systems across EU Member States. It is part of the EU’s Rule of Law toolbox.

The 2026 edition answers the call for more detailed comparative data, including on the accessibility of justice for children, the digitalisation of justice, probationary periods for judges, and powers of Prosecutors General. The new indicators on the Single Market include how certain independent authorities contribute to the Single Market’s proper functioning.

With a budget of around pound 305 million for 2021-2027, the Justice Programme supports the development of the European area of justice based on the rule of law, including the independence and impartiality of the judiciary, on mutual recognition and mutual trust, and on judicial cooperation.

In 2025, around pound 40.7 million were provided to fund projects and other activities under the three specific objectives of the programme: (i) promotion of judicial cooperation in civil and criminal matters; (ii) training of legal professionals on EU civil, criminal and fundamental rights law, legal systems of the Member States and the rule of law; (iii) promotion of access to justice (including e-Justice); protection of victims’ rights and the rights of persons suspected or accused of crime; and support to the development and use of digital tools and the maintenance and extension of the e-Justice portal.

For more information

2026 EU Justice Scoreboard

Q and A on 2026 EU Justice Scoreboard

2026 EU Justice Scoreboard Factsheet

2026 EU Justice Scoreboard quantitative data factsheet

CEPEJ Studies

2026 Rule of Law Report – targeted stakeholder consultation

Factsheet EU’s rule of law toolbox

EU Justice Scoreboard website

Quote(s)

Independent and efficient justice systems make for strong democracies, and for strong economies. The Justice Scoreboard keeps tab on the quality and accessibility of our justice systems, so that we can improve them and continue delivering justice efficiently for our citizens.

Henna Virkkunen, Executive Vice-President for Tech Sovereignty, Security and Democracy

Justice is the foundation of a prosperous and democratic Europe. It ensures fairness, strengthens legal certainty, and fosters trust in a virtuous cycle. These are the hallmarks of a healthy society and a thriving economy, and they depend on justice systems that are swift, fair, and effective. By providing comparative data and helping identify both strengths and areas for improvement, the EU Justice Scoreboard is an essential tool for strengthening justice systems and upholding the rule of law across the Union.

Michael McGrath, Commissioner for Democracy, Justice, the Rule of Law and Consumer Protection

(For more information: Markus Lammert – Tel.: +32 2 296 75 33; Cristina Torres Castillo – Tel.: + 32 2 299 06 79)

EU Justice Scoreboard 2026 highlights the importance of independent bodies and effective justice systems

Today, the European Commission has published the fourteenth edition of the EU Justice Scoreboard, an annual overview providing comparative data on the efficiency, quality and independence of justice systems across the EU, as well as other indicators relevant for the functioning of the Single Market.

What is the EU Justice Scoreboard?

The EU Justice Scoreboard is designed to support the EU and Member States in improving the effectiveness of national justice systems. It provides objective and reliable data on the efficiency, quality and independence of justice systems, as well as on other indicators. It is one of several instruments in the EU’s Rule of Law toolbox and supports the Commission’s monitoring of justice reforms undertaken by Member States. For the second time, this year’s Scoreboard also provides data relevant for the functioning of the Single Market in all Member States.

The Scoreboard contributes to identifying good practices and areas where improvements may be needed. It shows trends in the functioning of national justice systems over time, providing an overview of how they perform without presenting an overall ranking. This is based on various indicators that are of common interest to all Member States.

The Scoreboard does not promote any particular justice model, and puts all Member States on an equal footing. Across all national justice systems and legal traditions, timeliness, independence and accessibility are some of the essential features of an effective justice system, which are presented in the Scoreboard.

Why are national justice systems important for the EU?

Effective justice systems are essential for the application and enforcement of EU law and for upholding the rule of law. They also help safeguard the values on which the EU is founded and which are shared by the Member States. Effective justice systems ensure that individuals and businesses can fully enjoy their rights, strengthen mutual trust, and help build a business- and investment-friendly environment in the Single Market. They are also crucial for the implementation of EU law, because national courts act as EU courts when applying EU law.

Are the Scoreboard and the Rule of Law Report linked?

The Justice Scoreboard and the Rule of Law Report complement each other: The EU Justice Scoreboard is part of the EU’s rule of law toolbox and one of the sources of information used for the Rule of Law Report. The Scoreboard provides comparative data on the functioning of national justice systems, while the Report presents a qualitative assessment of significant developments related to the rule of law in all 27 Member States.

Following the 2024 Political Guidelines of President von der Leyen, the 2025 edition of the EU Justice Scoreboard introduced new data relevant for the Single Market, highlighting the essential role of efficient and independent justice systems in fostering a fair and competitive market environment.

This year, the Scoreboard has been further developed to reflect the need for additional comparative information identified during the preparation of the 2025 Rule of Law Report by including, for example, access to information for Supreme Audit Institutions, and mapping of transparency registers across all Member States.

The additional comparative information provided by the Scoreboard will feed into the 2026 Rule of Law Report.

What are the main innovations in the fourteenth edition of the EU Justice Scoreboard?

The 2026 edition of the Scoreboard contains 12 new or updated figures that enhance our understanding of three key aspects of an effective justice system: efficiency, quality and independence.

As regards quality, the 2026 EU Justice Scoreboard introduces new figures on the rate of legal aid fees for lawyers in specific civil cases, and on authorities involved in non-contentious divorce procedures. It also provides updated figures on representative actions protecting consumers’ collective interests, access to justice for children, and the digitalisation of justice.

As regards independence, it contains several new and updated indicators covering both perception data from the latest Eurobarometer surveys and structural safeguards collected with European judicial networks, including on probationary periods for judges, powers of Prosecutors General, and systems of case allocation in prosecution services.

As regards efficiency, the Scoreboard draws on existing indicators, notably those provided by Member States to the Council of Europe’s European Commission for the Efficiency of Justice (CEPEJ), and those developed on efficiency in specific fields of EU law.

This year’s Scoreboard also further develops indicators relevant to the functioning of the Single Market by introducing new and updated measures highlighting how independent authorities -including supreme audit institutions, national competition authorities, first instance public procurement review bodies, and preventive anti-corruption bodies- contribute to its proper functioning.

How can justice systems have an impact on the economy?

Effective justice systems that uphold the rule of law have a positive economic impact. Where judicial systems guarantee the enforcement of rights and fight corruption effectively, creditors are more likely to lend, businesses are dissuaded from opportunistic behaviour, transaction costs are reduced, and innovative businesses are more likely to invest.

The EU Justice Scoreboard helps monitor progress in implementing justice reforms under national Recovery and Resilience Plans across Member States.

How does the 2026 EU Justice Scoreboard examine the effectiveness of justice?

The Scoreboard uses indicators that examine the three main features of an effective justice system: efficiency, quality and independence.

Efficiency

The indicators related to the efficiency of proceedings include: caseload, estimated length of judicial proceedings (disposition time), clearance rate (the ratio of the number of resolved cases to the number of incoming cases) and the number of pending cases. The Scoreboard also presents the average length of proceedings in specific fields where EU law is involved.

Quality

Easy access to justice, adequate resources, effective assessment tools and the use of information and communication technologies are key factors that contribute to the quality of justice systems. The Scoreboard uses various indicators to evaluate digitalisation, such as access to online information and to court judgments, digital-ready procedural rules, use of digital technology by courts and prosecution services, and secure electronic tools for communication or online access to case files.

Independence

The Scoreboard examines the perception of judicial independence, both among the general public and in companies. Additionally, it presents key indicators relevant to evaluating the structure and effectiveness of justice systems in protecting judicial independence. In particular, the 2026 edition includes indicators related to the processes of withdrawal and recusal of judges, as well as the roles of various authorities in the appointment and dismissal of heads of prosecution offices.

Other indicators relevant for the Single Market

This year, the Scoreboard also continues to develop indicators of specific relevance for the functioning of the Single Market to which effective justice systems and respect for the rule of law are central. It further strengthens the business and Single Market dimension by presenting new indicators on first instance public procurement review bodies, supreme audit institutions and national competition authorities.

What is the methodology of the EU Justice Scoreboard?

The Scoreboard uses various sources of information. Large parts of the quantitative data are provided by the Council of Europe’s European Commission for the Efficiency of Justice (CEPEJ), with which the Commission has concluded a contract to carry out a specific annual study. These data range from 2014 to 2024 and have been provided by Member States according to CEPEJ’s methodology. The study also provides detailed comments and country-specific factsheets, which give more contextual information and should be considered alongside the figures.

Other sources of data are the group of contact persons on national justice systems, National contact points for anti-corruption, the European Network of Councils for the Judiciary (ENCJ), the Network of the Presidents of the Supreme Judicial Courts of the EU, the Association of the Councils of State and Supreme Administrative Jurisdictions of the EU (ACA-Europe), the European Competition Network, the Communications Committee, the European Observatory on infringements of intellectual property rights, the Expert Group on Money Laundering and Financing of Terrorism, Eurostat, the Council of Bar and Law Societies in Europe, the European Judicial Training Network (EJTN), the NADAL Network of Prosecutors, the Contact Committee on Supreme Audit Institutions, Council of the Notariats of the European Union, and the Network of First Instance Review Bodies on Public Procurement.

Why are some data missing?

Although some data are still missing for certain Member States, the data gap continues to decrease. The remaining difficulties in gathering data are often due to insufficient statistical capacity or the fact that the national categories for which data is collected do not exactly correspond to the ones used for the Scoreboard. The Commission will continue to encourage Member States to reduce this data gap further.

How does the EU Justice Scoreboard feed into the European Semester and how is it related to the Recovery and Resilience Facility (RRF)?

By comparing information on Member States’ justice systems, the Scoreboard makes it easier both to identify best practices and shortcomings, and to keep track of challenges and progress made. In the context of the European Semester, country-specific assessments are carried out through a bilateral dialogue with the national authorities and stakeholders concerned. Where the shortcomings identified have macroeconomic significance, the European Semester analysis may lead to the Commission proposing to the Council to adopt country-specific recommendations to improve the national justice systems in individual Member States.

The RRF has made available more than pound 577 billion in loans and non-repayable financial support, of which each Member State would need to allocate a minimum of 20% to the digital transition and a minimum of 37% to measures contributing to climate objectives. Around 285 milestones and targets are included in Member States’ recovery and resilience plans (RRPs) to strengthen the rule of law by increasing the efficiency, quality and independence of the judicial system and the anti-corruption framework including anti-money laundering. Until May 2026, following pre-financing payments as well as payment requests by Member States, a total of pound 400 billion in RRF grants and loans have been disbursed.

How does the European Commission’s Justice Programme support the effectiveness of justice systems?

With a total budget of around pound 305 million for 2021-2027, the Justice Programme supports the development of a just Europe based on judicial independence, quality and cooperation. In 2025, around pound 40.7 million were provided to fund projects and other activities under the three specific objectives of the programme:

promotion of judicial cooperation in civil and criminal matters;

training of legal professionals on EU civil, criminal and fundamental rights law, legal systems of the Member States and the rule of law;

promotion of access to justice (including e-Justice); protection of victims’ rights and the rights of persons suspected or accused of crime; and support to the development and use of digital tools and the maintenance and extension of the e-Justice portal.

For more information

2026 EU Justice Scoreboard

Press release 2026 EU Justice Scoreboard

2026 EU Justice Scoreboard Factsheet

2026 EU Justice Scoreboard quantitative data factsheet

CEPEJ Studies

2026 Rule of Law Report – targeted stakeholder consultation

Factsheet EU’s rule of law toolbox

EU Justice Scoreboard website

Commission launches Simplification Platform to consult experts on administrative burden reduction

The European Commission has launched the Simplification Platform – a high-level expert group, which will work on simplification and burden reduction. The Platform will contribute to assessing progress achieved on simplification efforts and help identify emerging priorities and needs, providing renewed impetus to the EU’s broader simplification agenda. It will help the Commission identify where EU rules are too complex in practice, and how they can be made simpler for people, businesses and administrations. It will bring together Member States’ national, regional and local authorities, the Committee of the Regions supported by the Network of Regional Hubs, the European Economic and Social Committee, social partners, small and large businesses, consumer and environmental organisations and other non-governmental organisations.

Valdis Dombrovskis, Commissioner for Economy and Productivity, Implementation and Simplification, said: ‘By listening to experts and stakeholders, we can build a more efficient, competitive and user-friendly Single Market for all. Simplification and burden reduction are not just administrative goals – they are essential to making the EU work better for citizens, businesses, and public administrations alike. In a world of rapid change, our rules must be agile, clear, and fit for purpose. This Platform will help us cut red tape, streamline processes, and ensure that EU legislation delivers on its promises without unnecessary complexity.’

At a time of profound global shifts, an efficient and effective regulatory framework is essential for European competitiveness. Simpler, better-designed, and easier-to-implement rules will therefore help unlock economic potential and promote a more dynamic and integrated Single Market.

The call for applications to select experts to the Simplification Platform representing a common interest shared by stakeholders in various policy areas has been published online. Interested individuals are invited to submit their application to the Simplification Platform Secretariat. Applications can be submitted until 10 July 2026.

More information is available on the dedicated webpage.

(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Quentin Cortès – Tel.: +32 2 296 47 35)

EU-Moldova Investment Conference announces up to pound 641 million in strategic investments

At the EU-Moldova Investment Conference, EU Commissioner for Enlargement, Marta Kos announced investment plans and project initiatives worth up to pound 641 million in coordination with international financial institutions, private sector partners and public stakeholders.

The initiatives will support strategic sectors, including energy, digital infrastructure, education and sustainable agriculture. The aim is to strengthen Moldova’s economic resilience, improve infrastructure, expand access to finance, and accelerate the country’s integration into European value chains.

Mobilising up to pound 433 million through international financial institutions

Building on the Growth Plan for the Republic of Moldova, up to pound 433 million were committed through a combination of EU grants, guarantees and loans in cooperation with key international financial institutions. New investment projects were announced with:

Agence Française de Développement (AFD) to support investments in energy efficiency in public buildings and residential housing.

European Investment Bank (EIB) to support the modernisation of school infrastructure across Moldova.

European Bank for Reconstruction and Development (EBRD) to strengthen digital infrastructure and services, develop strategic investment frameworks, and enhance private sector competitiveness and innovation.

European Fund for Southeast Europe (EFSE) and Green for Growth Fund (GGF) to support expanded access to finance for businesses and households.

Up to pound 208 million in private sector investments

Under the Call for Expressions of Interest for private investments in Moldova, eight projects representing up to pound 208 million in planned investments were selected. In the presence of Commissioner Kos, President Maia Sandu and Prime Minister Alexandru Munteanu, Letters of Intent were signed with:

INVL, to support Moldova’s integration into European value chains through private equity investments.

TET, to develop a secure and AI-ready data centre.

Micro Nano Tech, to expand innovation capacity in high-tech sectors.

Balkan Pharmaceuticals, to advance research, education and medical training while developing biopharmaceutical and medical technology capacities.

KB Container, to strengthen Moldova’s manufacturing potential for the EU market and Ukraine’s reconstruction needs.

Danube Logistics, to enhance transport connectivity and trade links with Ukraine and the European Union.

BOSAQ, to develop modern, efficient and affordable water infrastructure for citizens and the agricultural sector.

VED-MAR AGRO, to support the transition towards higher-value agri-food exports.

Next steps

On 22 June, the EU and Moldova will hold the second EU-Moldova Summit, reaffirming the strategic importance of Moldova’s future within the EU and the strength of our cooperation.

The EU will continue to work closely with the Government of Moldova, international financial institutions, private sector partners and other stakeholders to advance the announced initiatives and support their successful implementation, with a view to delivering tangible benefits for Moldova’s economy, businesses and citizens.

Background

In October 2024, the European Commission proposed a Growth Plan for the Republic of Moldova, worth pound 1.9 billion and underpinned by a Reform and Growth Facility for 2025-2027. It is the largest EU financial support package for the country. To this day, Moldova has received pound 504 million under the Growth Plan.

To help deliver the Growth Plan’s priorities, a Call for Expressions of Interest was launched for private sector investments. The Call was open to companies, joint ventures and consortia established in the European Union, the European Economic Area or Moldova. Projects had to be located in Moldova, with a minimum investment of pound 10 million and at least 15% equity or own-resources contribution from promoters. The submission window ran from 4 September 2025 to 4 June 2026.

For more information

EU and Moldova relations

The Growth Plan for the Republic of Moldova

The Call for Expressions of Interest for EU/EEA/Moldova-based businesses to Invest in the Republic of Moldova

Quote(s)

The investment projects announced today demonstrate that Moldova is not only strongly supported by the European Union, but is also a country that is contributing to Europe’s competitiveness, security, digital transformation and industrial development.

Marta Kos, Commissioner for Enlargement

(For more information: Guillaume Mercier – Tel. + 32 2 298 05 64; Yuliya Matsyk – Tel. +32 2 296 27 16)

Commission adopts temporary adjustments to Basel III Market Risk Rules to safeguard EU banks’ competitiveness

To ensure that the EU banking sector benefits from a level playing field with international competitors, the European Commission has today introduced targeted, time-limited amendments to its implementation of the new market risk capital framework for banks. The measures will apply for three years from 1 January 2027.

The Fundamental Review of the Trading Book (FRTB), part of the global Basel III banking standards set by the Basel Committee on Banking Supervision, strengthens risk measurement in banks’ trading activities and ensures that capital requirements more accurately reflect actual market risks. While the EU has fully implemented all other Basel III standards since 1 January 2025, delays in the FRTB implementation by major jurisdictions have raised concerns over competitive distortions faced by EU banks operating in global financial markets.

To address these challenges, the Commission had already postponed the market risk rules for two years, exhausting the full deferral period under the Capital Requirements Regulation (CRR). Today, the Commission has exercised its empowerment under CRR to introduce adjustments to the FRTB through a delegated act, including a multiplier to temporarily offset capital impacts for EU banks adversely affected by the FRTB implementation.

The Commission’s decision aligns with the objectives of the Savings and Investments Union, which emphasises the need to safeguard the competitiveness of EU banks – particularly those active in global capital markets – vis-à-vis third-country institutions. Given that other major jurisdictions are expected to delay FRTB implementation for at least a year, today’s measures help maintain the playing field for EU banks and support EU capital market development.

The delegated act was drafted following a public consultation and technical assessment. It ensures a smooth, coherent implementation of the FRTB in the EU, while allowing further monitoring of its implementation globally.

Next steps

The delegated act will now be reviewed by the European Parliament and the Council, with a three-month scrutiny period (extendable by a further three months). If no objection is raised, the measures will enter into application on 1 January 2027, for a period of three years.

Quote(s)

Europe’s banks must be able to compete on equal terms with their international peers. These targeted and time-limited measures help preserve a level playing field in global financial markets while maintaining our commitment to the Basel standards. They provide certainty for EU banks, support the objectives of the Savings and Investments Union, and give us the necessary time to monitor developments in other major jurisdictions before determining the most appropriate long-term approach.

Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investments Union

(For more information: Siobhan McGarry – Tel.: +32 2 296 47 98; Marta Perez-Cejuela Romero – Tel.: +32 2 296 37 70)

Commission announces winners of LIFE Awards 2026

Yesterday, the European Commission announced the winners of this year’s LIFE Awards. These are projects that make a significant contribution to environmental and climate action. Celebrating its 20th anniversary, the LIFE Awards recognise the most innovative, inspirational and impactful projects financed by the EU’s LIFE Programme in three categories: nature protection and biodiversity; circular economy and quality of life; and climate action.

The following projects were awarded during the EU Green Week. First, the LIFE Award for Nature went to LIFE Danube floodplains. This project from Slovakia and Hungary successfully restored and managed threatened and degraded Danube floodplain habitats, providing a practical model for sustainable floodplain restoration across the region. Winning the LIFE Award for Circular Economy and Quality of Life, LIFE Turn to e-circular built awareness and created supporting infrastructure for a circular economy for household electrical and electronic equipment in Slovenia. This project also strengthened local communities and provides a model for sustainable electronic waste management across Europe. The LIFE Award for Climate Action went to the Spanish LIFE WetLands4CLIMATE project, which successfully demonstrated that properly managing, restoring and conserving Mediterranean wetlands is an effective way to mitigate the consequences of climate change and preserve biodiversity.

The LIFE Citizens’ Prize went to Egyptian Vulture New LIFE, coordinated between Bulgaria, Germany, Greece, Jordan, Kenya, Nigeria, Trkiye, and the United Kingdom. Described as one of the most ambitious vulture conservation initiatives ever undertaken, this project successfully halted the decline in the Balkan population of Egyptian Vultures and mounted an awareness raising campaign which reached 25 million people in 14 countries across Europe, Asia and Africa.

The 2026 Special Award, which in this edition focuses on how investment in nature and healthy ecosystems can strengthen Europe’s economy, security and long-term prosperity, was awarded to the Spanish LIFE Olivares Vivos project. Its work centres on the protection and restoration of biodiversity in olive groves across southern Spain.

You can find more information on the LIFE Award winners online.

(For more information: Anna-Kaisa Itkonen – Tel.: +32 2 295 75 01; Maëlys Dreux – Tel.: +32 2 295 46 73)

Commissioner Roswall meets young Europeans to discuss resilient nature-based future for Europe

In the margins of the ongoing EU Green Week, Commissioner for Environment, Water Resilience, and a Competitive Circular Economy, Jessika Roswall, hosted a Youth Policy Dialogue yesterday. The focus of the discussion was on how restoring ecosystems can help Europe become more resilient and competitive, while supporting innovation, investment and local jobs.

The dialogue brought together 13 young participants from across the EU to exchange views on how investments in nature can support both environmental protection and economic resilience. Participants from diverse backgrounds addressed broader questions such as nature restoration, biodiversity, pollinators, bioeconomy, nature credits and circular economy. Commissioner Roswall also highlighted the important role that young Europeans play in building Europe’s future when they bring new ideas for connecting nature, economy and society.

Youth Policy Dialogues are part of the Commission’s broader effort to integrate the views of young people in the EU’s political agenda, as set out in President Ursula von der Leyen’s Political Guidelines for 2024-2029. By focusing on pressing policy issues and through open discussions, these dialogues aim to strengthen youth participation and foster engagement in democratic life.

More information on Youth Policy Dialogues can be found on the dedicated webpage.

(For more information: Anna-Kaisa Itkonen – Tel.: +32 2 295 75 01; Maëlys Dreux – Tel.: +32 2 295 46 73)

President von der Leyen at the EU-Western Balkans Summit in Montenegro to reaffirm EU’s commitment to the region

Today and tomorrow, President of the European Commission Ursula von der Leyen, President of the European Council António Costa and President of the European Parliament Roberta Metsola will be in Tivat, Montenegro, to participate in the EU-Western Balkans Summit. The Summit will bring together leaders from EU Member States and the six Western Balkans partners. High Representative/Vice-President Kaja Kallas will also take part.

This is the second EU-Western Balkans Summit in six months, following the Summit in Brussels last December. The Summit comes at a moment when enlargement is more than ever a geostrategic investment in Europe’s stability, prosperity and security. It also reaffirms that the EU accession of the region remains at the top of our political agenda.

In her discussions with leaders, President von der Leyen will focus on the implementation of the Growth Plan for the Western Balkans, which supports key reforms, unlocks funding and draws the region closer to the European Union.

Following the Summit, President von der Leyen, President Costa and President of Montenegro Jakov Milatovic will hold a joint press conference at 15:30 CEST, livestreamed on EBS.

Follow the updates on the President’s social media channels. Audiovisual material of the Summit will be available on EBS.

(For more information: Guillaume Mercier – Tel. + 32 2 298 05 64; Anitta Hipper – Tel.: +32 2 298 56 91; Yuliya Matsyk – Tel. +32 2 296 27 16)

Commissioner Dombrovskis attends the EastInvest Facility meeting in Latvia

Today, Commissioner for Economy and Productivity, Implementation and Simplification Valdis Dombrovskis will be in Riga to participate in the first local meeting to make the EastInvest Facility operational.

The facility is a new initiative designed to provide easier access to lending support to EU Member States bordering Russia, Belarus and Ukraine. It is at the core of the strategy for the EU’s eastern regions bordering Russia, Belarus and Ukraine adopted in February 2026 by the Commission to help the regions in Finland, Estonia, Latvia, Lithuania, Poland, Slovakia, Hungary, Romania and Bulgaria most affected by Russia’s war of aggression against Ukraine.

The event gathers national and local authorities, stakeholders, business organisations and businesses operating in the Latgale region as well as financing institutions supporting the Facility, including the European Investment Bank, the European Bank for Reconstruction and Development, the Council of Europe Development Bank and the Nordic Development Bank and Altum.

Discussions will explore how to translate EastInvest policy commitments into concrete investment delivery in the Latgale region, with particular attention to the region’s significant social and economic challenges resulting from the war, including in terms of access to finance and advisory support.

The EastInvest Facility is designed to make it easier for private and public project promoters in EU eastern regions to access loans and advisory support to boost their economies, develop trade and enhance security. The four participating financial institutions aim to provide at least pound 28 billion in 2026-2027 in private and public investments in those regions.

Commissioner Dombrovskis said: ‘The EU eastern border regions and their citizens are facing singular challenges due to Russia’s continued war of aggression against Ukraine, as well as direct exposure to security risks and hybrid attacks. We hear you, we see you: by making it easier to access financing and advisory support, we are delivering concrete backing to local communities and businesses, creating new opportunities for growth, investment and job creation. Supporting our eastern border regions is not only an investment in their future, but in Europe’s security and prosperity.’

(For more information: Maciej Berestecki – Tel: +32 229-66483; Anna Wartberger – Tel.: +32 2 28 20 54; Francisca Marçal Santos – Tel.: +32 2 299 72 36)

Commissioner Várhelyi visits Latvia for the twelfth High-Level meeting of Small Countries

Commissioner for Health and Animal Welfare, Olivér Várhelyi, is taking part today in a conference titled ‘From Scarcity to Sustainability: Can Small Nations Lead Workforce Innovation?’ as part of the twelfth High-level Meeting of the Small Countries Initiative in Riga, Latvia. The Commissioner will deliver high level remarks at the conference, which focuses on finding innovative solutions to health challenges in small countries. Later in the day, he will participate in the panel discussion on the importance of health security and health system resilience to secure the future health workforce. He will emphasise how EU-wide coordination on health can strengthen health systems and deliver for patients.

The WHO/Europe Small Countries Initiative is a network of 12 European countries with 2 million or less inhabitants. The Initiative started in 2013 to ensure health-related needs in small countries are kept high on the international agenda and share best practice.

On the margins of the event, Commissioner Várhelyi will hold bilateral meetings with Hosams Abu Meri, Minister of Health of Latvia, Neophytos Charalambides, Minister of Health of Cyprus and Alma Möller, Minister of Health of Iceland. They will discuss the EU’s commitment to ensure high standards of health across the EU, no matter size or population, the importance of prevention for safeguarding citizens’ health, and recent Commission proposals such as the Biotech Act which will boost accessibility to medical products across Europe,

As part of his trip to Latvia, Commissioner Várhelyi will also visit Cellbox Labs, which has secured pound 3.3 million through Important Project of Common European Interest (IPCEI) Tech4Cure-related support and European Regional Development Fund-backed projects, to see first-hand the medical innovation happening across Europe. The Lab produces organ-on-chip technology which, by recreating selected functions of human organs at miniature scale, can help develop new medicines with more precision and at less expense. Their technology is already used by leading European research entities including Leibniz HKI and Institut Pasteur.

(For more information: Eva Hncirova-Tel.+ +32 2 298 84 33, Anna Gray -Tel. +32 2 298 08 73)

Commissioner Kubilius meets with Belgian defence industry in Wallonia

Tomorrow, Commissioner for Defence and Space Andrius Kubilius will visit Belgian ammunition and weapon producers Thales Belgium and FN Herstal to discuss how to strengthen industrial capabilities, building on the success of EU defence industry programmes.

Thales Belgium is scaling up production of 70mm laser-guided rocket systems, supported by EU defence industry initiative ASAP – the Act in Support of Ammunition Production.

FN Herstal specialises in small arms manufacturing, weapon systems integration and ammunition production and is active in several European Defence Fund (EDF) projects for research and development.

The Commissioner’s visits highlight the importance of regional defence industry for European defence readiness and for regional jobs and growth.

Increased production of ammunition and weapons in Belgium reduces supply chain vulnerabilities, ensuring reliable flow of equipment to European armed forces. Local defence industry also drives regional investment, high-tech employment, and technological innovation within the Walloon economy.

Commissioner Kubilius and Walloon Minister-President Adrien Dolimont will give a joint press conference at Thales Belgium, which will be livestreamed on EBS.

Heating – cooling account for 70% of Cypriot households energy consumption, EU report finds

Heating and cooling account for approximately 70% of the final energy consumption of households in Cyprus, a new report of the the European Commission’s Joint Research Centre (JRC) published on Thursday on the state of the heat pump market in EU Member States, shows.

According to the data, Cyprus has about 81% fewer heating degree days than the European average, but 610% more cooling degree days, which affects the use of energy systems in buildings. At the same time, around 15% of households in Cyprus are unable to keep their homes adequately warm, while 8% have arrears on utility bills

The report’s findings are based on aggregated public data from sources such as Eurostat, EurObserv’ER, the European Heat Pump Association, as well as national statistical authorities.

The report provides a detailed overview of the situation in Cyprus, where heating and cooling account for approximately 70% of the final energy consumption of households. At the same time, renewable energy sources cover about 43% of the total energy used for heating and cooling across all sectors. According to the data, around 150,000 households in Cyprus use an oil or gas boiler for heating, representing roughly 39% of all households.

As reported, heat pumps in Cyprus are mainly used for cooling, with cooling output exceeding heating use by more than five times. In terms of energy efficiency, replacing an oil boiler with an electric heat pump is estimated to reduce energy consumption by around 83%, while carbon dioxide emissions are reduced by approximately 68%. It is noted that the exact energy savings depend on factors such as building insulation, heat pump efficiency, and user behaviour.

Special reference is made to the building stock, as 57% of buildings in Cyprus were constructed before 2000, i.e. before the adoption of stricter energy performance standards. The country also has lower heating needs compared with the EU average, but significantly higher cooling needs.

More specifically, Cyprus has about 81% fewer heating degree days than the European average, but 610% more cooling degree days, which affects the use of energy systems in buildings.

According to the report, around 15% of households in Cyprus are unable to keep their homes adequately warm, while 8% have arrears on utility bills. At the same time, subsidies are available covering up to 60% of the installation cost of heat pumps, subject to specific eligibility conditions.

Negotiators to meet next week after Holguin arrival, CNA learns

Contacts at negotiators’ level are expected at the beginning of next week with the arrival on the island of the United Nations Secretary-General’s Personal Envoy, Maria Angela Holguín, the Cyprus News Agency (CNA) has learned.

According to information obtained by CNA, Holguín is expected to arrive in Cyprus on Sunday and is to hold separate meetings on Monday with President Nikos Christodoulides and Turkish Cypriot leader Tufan Erhrman. At present, no further details are available regarding her schedule and other contacts while in Cyprus.

Sources familiar with the matter told CNA that the next contacts at negotiators’ level are expected to take place at the beginning of next week following Holguín’s arrival.

Regarding discussions on confidence-building measures (CBMs) at negotiators’ level, there appear to be some positive developments concerning the issue of religious services, it was noted, while discussions on CBMs continue.

Cyprus has been divided since 1974, when Turkey invaded and occupied its northern third. Repeated rounds of UN-led peace talks have so far failed to yield results due to Turkish intransigence. The latest round of negotiations, in July 2017 at the Swiss resort of Crans-Montana ended inconclusively.

In 2025 the Secretary-General hosted two informal meetings on Cyprus, in March in Geneva and in July in New York, while a tripartite meeting with the Cyprus leaders was also held in late September, at the end of the UN General Assembly High Level Week. An informal meeting in broader format that was expected to take place before the end of 2025, is yet to be announced. María Angela Holguín, the UN Secretary-General’s Personal Envoy on Cyprus, is tasked to engage with the parties.

PRESS RELEASE – UNIVERSITY OF CYPRUS

The University of Cyprus is now accepting applications for the YUFE Bachelor in Urban Sustainability Studies, an innovative English-taught undergraduate programme starting in September 2026.

Offered within the framework of the Young Universities for the Future of Europe (YUFE) alliance, the programme provides students a unique opportunity to study and learn across multiple European universities, benefiting from a flexible and interdisciplinary learning experience.

As contemporary cities face growing environmental, social, and economic challenges, the programme equips students with the knowledge and skills required to contribute to sustainable urban development. Through international mobility, collaborative learning, and flexible study pathways, students develop valuable global experience and skills for the world of tomorrow.

The programme coordinator, Professor Nadia Charalambous of the Department of Architecture, stated: “We are particularly proud to offer this innovative joint bachelor’s programme – a first for the University of Cyprus. We designed it with students in mind who want to understand the cities they live in, critically engage with issues of urban sustainability, and actively contribute to shaping the urban future. Through the mobility, interdisciplinarity, and European dimension of the programme, they gain not only a degree of the highest European standards, but also the tools to become true agents of change.”

The YUFE Bachelor in Urban Sustainability Studies promotes a student-centred approach to higher education, enabling participants to shape their own academic journey within a multicultural European environment.

This new programme further strengthens the University of Cyprus’s commitment to innovative, inclusive, and European higher education.

With an open outlook on the world, the University of Cyprus transforms its promise into action.

Applications are now open:

Application deadline for EEA students: 20 July 2026

Application deadline for non-EEA students: 14 June 2026

For more information and to apply, visit:

YUFE Bachelor – Young Universities for the Future of Europe

Online Information Session – 29 June 2026 (18:00-19:00 EEST)

Join the YUFE Bachelor Live Session hosted by the University of Cyprus, where prospective students will have the opportunity to learn more about the programme, its unique features, admission requirements, and study opportunities.

For further information about the event, please visit:

YUFE Bachelor Live Session – UCY

Registration is required and can be completed via the following link:

https://us06web.zoom.us/webinar/register/WN_yYe7BSu5SImSRQCfQZN6Hg

The Joint Bachelor in Urban Sustainability Studies is an interdisciplinary programme focused on urban sustainability, combining knowledge from environmental sciences, economics, urban planning, policy, and social sciences. Its aim is to develop analytical, research, and practical skills to address complex challenges and design sustainable solutions for cities.

The programme has a duration of three years (180 ECTS). The first year provides a common academic foundation, while the second and third years offer flexibility through the selection of YUFE minors and mobility across European universities. The programme concludes with a bachelor thesis.

It has received accreditation from the NVAO (Higher Education Accreditation Organisation of the Netherlands and Flanders), ensuring high European quality standards, and its operation has been approved by the Ministry of Education, Sport and Youth and the Council of Ministers in Cyprus.

Mobility is a core component: students begin at the University of Cyprus and then study at two to three partner universities, including Maastricht University, University of Antwerp, University of Bremen, University of Essex, University of Eastern Finland, Universidad Carlos III de Madrid, Sorbonne Nouvelle University, University of Rijeka, and Nicolaus Copernicus University.

Students have the opportunity to choose from a variety of YUFE Minors offered across these partner universities, covering thematic areas such as environmental sustainability, urban planning, governance, economics, and social development. Each Minor corresponds to 30 ECTS and is designed in a blended format, combining on-site courses at the host university with online courses provided by other institutions within the alliance.

The programme’s Intended Learning Outcomes are organised into three main categories: knowledge, research, and transferable skills. In this way, they combine theoretical knowledge with practical and applied competences, responding directly to the needs of the contemporary labour market.

Employment prospects are particularly broad, as graduates can work in local and regional authorities, European institutions, urban planning consultancies, and environmental management organisations. Indicatively, they may be employed as sustainability consultants, officers in municipalities and regional administrations, researchers in think tanks, or professionals in NGOs and international organisations active in climate policy and urban development. At the same time, graduates have the opportunity to pursue postgraduate studies in related fields.

Cyprus Stock Exchange

Cyprus Stock Exchange

The Cyprus Stock Exchange (CSE) All Share Index closed at today`s stock exchange meeting as follows:

MEETING DATE: 04/06/2026

INDICES BASE VALUES: FTSEMed=5000, OTH

EURO (pound )

TRADED VALUE:

318,220.48

INDEX

VALUE

% DIFF.

VALUE (pound )

FTSE/CySE 20

180.100

-0.610

312,687.230

MAIN MARKET INDEX

238.850

-0.530

220,369.630

INVESTMENT COMPANIES MARKET INDEX

3,301.180

-0.860

198,223.830

CSE GENERAL INDEX

297.540

-0.550

315,951.270

HOTELS INDEX

1,872.860

0.790

217.170

ALTERNATIVE MARKET INDEX

1,987.590

-0.670

97,201.960

President Christodoulides congratulates Demetriou on her reelection as House President

President of Cyprus, Nikos Christodoulides, extended his warm congratulations to Annita Demetriou on her re-election as President of the House of Representatives, expressing his expectation for a constructive and productive cooperation aimed at improving the daily lives of citizens.

Wishing Demetriou every success in carrying out the high responsibilities of her office, President Christodoulides noted in a written statement that the House of Representatives is a fundamental pillar of Cyprus’ democracy and that cooperation between the executive and legislative branches is of crucial importance for the country’s progress.

‘With full respect for our distinct institutional roles, I look forward to a creative and productive cooperation, guided by the needs of society and the expectations of citizens,’ he said, adding that improving the everyday lives of citizens remains a priority.

‘The promotion of policies that address the real challenges facing society, the implementation of landmark reforms, and the continuation of the country’s upward trajectory require dialogue, responsibility, and a steadfast commitment to the public interest,’ the President emphasized.

In conclusion, he noted that citizens expect results from all public institutions and political leaders. ‘With institutional consistency and a spirit of cooperation, we can meet this responsibility and continue our efforts towards a stronger, more modern, and more effective Cyprus,’ he said.

House plenary convenes on Thursday to elect new President

The newly constituted Plenary of the House of Representatives, which emerged from the parliamentary elections of May 24, convenes on Thursday afternoon, to elect the House President.

The sitting has been scheduled for 1600 and will begin with the swearing-in of the 56 members of parliament and the representatives of the religious groups. This will be followed by the election of the new House President, a process being conducted for the first time under the revised framework approved by the outgoing members of Parliament.

The most significant change concerns the second round of voting. In the first round, a candidate must secure at least 29 votes, representing an absolute majority of the total number of MPs, to be elected. If no candidate obtains the required majority, the two candidates receiving the highest number of votes will proceed to a second round, during which the candidate who secures the most votes will be elected.

In the event of a tie between candidates competing for a place in the second round, a repeat ballot will be held. Should the tie persist in the final round, the new Speaker will be determined by a public draw conducted under the responsibility of the presiding officer of the sitting.

Until a Speaker is elected, the sitting will be chaired by the oldest MP, unless that person is a candidate for the office, in which case the role will pass to the next oldest member. In the present case, the oldest MP is Democratic Party (DIKO) MP, Zacharias Koulias.

Interest for candidacy has been expressed so far by the leaders of DISY, Annita Demetriou, AKEL, Stephanos Stephanou, and ELAM. DIKO is expected to decide before the plenary session on whether its President, Nikolas Papadopoulos, will be a candidate.

A second round is considered the most likely outcome, as none of the candidates is expected to secure the 29 votes required for election on the first ballot. The outcome is expected to be shaped by the decisions of the smaller parties and the choices made following the conclusion of the first round.

Schengen report on Cyprus coming soon, Brunner tells CNA

The European Commission will soon present its evaluation report on Cyprus’ bid to join the Schengen area, European Commissioner for Migration Magnus Brunner said, following the Justice and Home Affairs Council meeting in Luxembourg on Thursday evening. However, Brunner stressed that ‘the decision of when and how Cyprus joins the Schengen area lies within the Council, not within the Commission.’

Responding to a question by CNA, the Commissioner said that Cyprus’ accession would be an important development for the European Union. ‘The Cyprus accession to the Schengen area would be a significant step, of course, forward for the European Union as a whole. And our primary focus as the Commission is on ensuring that Cyprus meets the higher Schengen standards,’ Brunner said. ‘So therefore, we evaluated the situation in Cyprus and we will present the report soon,’ he added.

The Commissioner underlined, however, that the final decision rests with EU member states. ‘But to make that clear. The decision of when and how Cyprus joins the Schengen area lies within the Council, not within the Commission. So, there’s been a lot of progress and, thanks very much for the good progress and for the good cooperation. It would be a significant step, and we will see when the report comes out, it comes out soon, and then it’s the Council to decide.’

Brunner was speaking alongside Cyprus Justice Minister Costas Fytiris and Deputy Minister for Migration and International Protection Nicholas Ioannides, who co-chaired the Council meeting during the Cypriot Presidency of the Council of the EU.

The EU Commission presented to Ministers its annual State of Schengen Report, which includes an assessment of developments across the Schengen area and was expected to contain references to Cyprus’ progress towards its first formal Schengen evaluation.

Commenting on Cyprus’ preparations, Fytiris said the country has been making sustained efforts since joining the EU in 2004. ‘Since 2004, Cyprus has been making special efforts,’ he said, noting that the country had implemented the core elements of the Schengen acquis with the support of the European Commission and EU services. ‘We had 120 recommendations and, with their help, we undertook a tremendous effort,’ he added.

Fytiris said that he believes that Cyprus will be ready by the end of 2026. ‘We believe that by the end of 2026 we will be ready. The evaluation report, which we are eagerly awaiting, will vindicate our efforts and we will become a full member of the Schengen area,’ he stressed. He added that Cyprus’ accession would strengthen the EU as a whole. ‘A united Europe means the free movement of European citizens throughout Europe, and particularly for Cyprus, which is located in a very sensitive but very important region. Cyprus’ accession to the Schengen area as a full member will add value to the European Union as a whole,’ he said.

Regarding the broader agenda of the Council, Fytiris referred to the presentation of the 2026 State of Schengen Report, which reviews the implementation of the Schengen acquis over the past year. ‘During our discussion, it became clear that three main priorities identified last year remain valid also for our work during the next Schengen Council cycle,’ he said. The priorities include accelerating the digitalisation of procedures and systems, strengthening the resilience of external borders and the effectiveness of returns, and enhancing internal security.

Fytiris also highlighted progress in the deployment of large-scale EU information systems in the field of justice and home affairs, particularly the Entry/Exit System (EES), which became fully operational on 10 April 2026. ‘For it to contribute to the EU’s internal security and border management as we intended, we all need to use this system in full compliance with our legal obligations,’ he said.

On geopolitical developments, the Minister noted that Ministers exchanged views on the impact of the situation in the Middle East, including the conflict involving Iran.’Currently, there are no signs of increased migratory flows stemming from the conflict in the Middle East. Nonetheless, having this useful exchange was a good opportunity to ensure coordination,’ he said.

The Council also approved the implementation framework of the EU Drugs Strategy and endorsed a new EU Action Plan against drug trafficking. Fytiris described the discussion as particularly timely, noting that illicit drugs will also be discussed by EU leaders later this month.

Deputy Minister Ioannides, for his part, thanked both Fytiris and Commissioner Brunner for their cooperation during the Cypriot Presidency and focused on migration issues discussed during the meeting. Ministers reviewed the implementation of the Pact on Migration and Asylum, more than two years after its adoption. ‘The discussion revealed that there is significant progress in the implementation of the Pact. I am confident that we are ready to address the remaining challenges and deliver on our commitments,’ Ioannides said.

He also recalled that Cyprus will host an informal ministerial conference on 12 June to mark the Pact’s entry into application.

A substantial part of the discussion focused on the external dimension of migration, particularly cooperation with Somalia. ‘When it comes to the external dimension of migration, we have adopted a whole-of-route approach and we aim at promoting sincere cooperation and mutually beneficial strategic partnerships with third countries,’ he said.

According to Ioannides, irregular arrivals of Somali nationals to the EU more than doubled between 2024 and 2025. He stressed that Ministers agreed on the need to use all available tools. ‘We need to make use of all the tools at our disposal, including restrictive visa measures, when a third country insists on not being responsive regarding return and readmission,’ he said.

Referring to Ukraine, Ioannides reiterated the EU’s continued support. ‘Our support for Ukraine is unwavering. There are more than four million Ukrainian refugees benefitting from temporary protection,’ he said.

He explained that Ministers discussed the future legal status of displaced Ukrainians in order to provide clarity and allow member states to prepare the necessary administrative procedures. ‘We now expect the Commission to come up with a legislative proposal soon, so that we can proceed with the necessary work to ensure the continuation of our support to Ukraine and its people,’ he said.

Ministers were also briefed on the migratory situation in the English Channel and the North Sea. While irregular arrivals to the EU have decreased compared to 2025, a significant number of irregular crossings from the EU towards the United Kingdom continue to be recorded.

Concluding his remarks, Ioannides welcomed the successful completion of negotiations with the European Parliament on the Return Regulation. ‘I am referring to the successful conclusion of negotiations with the European Parliament on the Return Regulation, following two months of intensive interinstitutional negotiations,’ he said.

Cyprus continues animal culling over FMD, tightens penalties and stresses halloumi dialogue

Animal culling measures linked to foot-and-mouth disease are continuing as planned in Cyprus, Agriculture Minister Maria Panayiotou said on Thursday, while stressing that the government remains in constant dialogue with all stakeholders over halloumi production and PDO protection.

Speaking after a Cabinet meeting, Panayiotou said culling operations were proceeding normally, including in the village of Pachna, and noted that authorities had not reported any resistance so far.

‘According to the information I have from Veterinary Services in Limassol, the procedures are continuing normally with police escort,’ she said.

On halloumi, the Minister said the government was maintaining continuous consultations through the Halloumi Monitoring Committee, aiming to safeguard halloumi as Cyprus’ main agri-food export product, preserve its Protected Designation of Origin (PDO) status and ensure the viability of all parties involved.

She noted that since October 2024 the government has been recording available goat and sheep milk quantities, adding that a temporary reduction in the milk quota ratio had become necessary due to a significant decline in supply.

Meanwhile, the Cabinet approved stricter penalties under the Animal Health Law.

Under the revised framework, penalties for violations of animal health provisions increase from up to six months imprisonment or a pound 3,323 fine to up to five years imprisonment or a pound 250,000 fine.

For illegal movement of animals or animal products from areas outside the effective control of the Republic, penalties rise to up to 10 years imprisonment or a pound 250,000 fine.

Administrative fines imposed by the Veterinary Services Director for non-compliance with EU and national legislation will also increase from pound 5,000 to pound 100,000.