Eurostat: 28% decrease in new asylum applications in October 2025

A 28% decrease in new applications for international protection was recorded in October 2025 compared with the same month of the previous year, according to data published on Thursday by the European Statistical Office (Eurostat).

Specifically, EU member states received a total of 62,010 asylum applications from people originating from non-EU countries, compared with 86,470 in October 2024 and 58,495 in September 2025 (an increase of 6%).

In October 2025, there were 13.8 first-time asylum applicants per hundred thousand inhabitants in the EU. Compared with the population of each EU member state (as of 1 January 2025), the highest rates of applicants were recorded in Greece (58.1), followed by Cyprus (33.9) and Spain (26.3).

Countries of origin

At EU level in October 2025, Venezuelans constituted the largest group of people seeking asylum (8,140 first-time applicants), followed by Afghans (5,920), Bangladeshis (3,400) and Syrians (2,915).

At the same time, Spain, Italy, France and Germany received 74% of first-time applicants. More specifically, Spain received 12,885 applications in absolute numbers, Italy 12,650, France 11,245 and Germany 8,815.

1,710 unaccompanied minors applied for asylum

During the same period, a total of 1,710 unaccompanied minors applied for asylum for the first time in the EU. The highest numbers of unaccompanied minors came from Somalia (245), Egypt (215), Eritrea (200), Afghanistan (190) and Venezuela (180).

The EU countries that received the highest number of asylum applications from unaccompanied minors were the Netherlands (350), Greece (325), Germany (245) and Spain (215).

Building permits up 2.7% in January-September 2025

Building activity in Cyprus recorded an upward trend in the January-September 2025 period, with the number of building permits increasing by 2.7% year-on-year, according to data released by the Cyprus Statistical Service on Thursday.

A total of 5,635 building permits were issued during the period, compared with 5,485 in the corresponding period of 2024. The total value of permits increased by 18.2% to pound 2.76 billion, while the total covered area rose by 21.9% to 2.26 million square metres.

The residential sector showed particularly strong performance. Permits for residential buildings reached 4,223, marking an increase of 14.6%. The total covered area of residential buildings rose by 26.2%, while their total value increased by 22.3%. The number of housing units recorded a significant rise of 22.9%, reaching 10,820. The largest increases were observed in apartment buildings (up 29.4%) and single houses (up 28.6%), while a sharp decline was recorded in mixed-use apartment buildings (-60.3%).

In contrast, non-residential buildings recorded a decline in the number of permits, down 36.5%, despite a modest increase in total covered area (4.2%) and value (16.2%). A downward trend was also noted in road construction, both in terms of the number of permits issued (-50.9%) and their total value (-57.9%).

On a monthly basis, 793 building permits were issued in September 2025, with a total value of pound 319.5 million and a total covered area of 257.3 thousand square metres. These permits provide for the construction of 1,545 housing units.

It is noted that as of 1 July 2024, responsibility for issuing building permits was transferred from municipalities and district administrations to the newly established District Local Government Organisations (DLGOs), with licensing procedures carried out through the new integrated information system ‘Hippodamos’, a development expected to gradually affect the speed and transparency of the permitting process.

Interparliamentary conference on AI wraps up on Thursday in Nicosia

The European Commission has announced the launch of the EU Scholarship Programme for the Turkish Cypriot community for the 2026/27 Academic Year, funded under the EU Aid Programme.

In a press release, it says that with a budget of pound 2.5 million per academic year, the Programme continues to open pathways to education, training, and professional development for members of the Turkish Cypriot community across a wide range of academic and vocational fields within the European Union.

With this allocation, the total funding dedicated to the Programme since its establishment has reached pound 43 million, underlining the European Union’s long-term commitment to education and skills development.

It notes that the EU Scholarship Programme supports individuals at different stages of their educational and professional journeys, enabling them to gain academic qualifications, develop professional skills, and build experience in EU Member States.

By investing in education and skills, the Programme “seeks to enhance employability, contribute to addressing skills gaps in the labour market, and support the long-term contribution of beneficiaries to their communities.”

As the 2025/26 Academic Year progresses, around 120 Turkish Cypriot scholars are pursuing studies in 19 EU Member States, with the scholarship process still ongoing. Fields of study include innovative and special education, artificial intelligence and robotics, sustainable renovation, sustainable development, environmental sciences, human rights, and EU languages such as French, Spanish, and German. These disciplines equip participants with the academic and professional skills needed to engage confidently with opportunities across Europe.

Beyond the scholarship period, the Programme promotes continued engagement through its Alumni Connect Initiative, which has brought together approximately 2,450 beneficiaries since 2007. The initiative strengthens professional networks, encourages collaboration, and supports knowledge exchange and lifelong learning, extending the impact of the Programme well beyond individual study periods.

Applications for the 2026/27 Academic Year are open until 24 March 2026 at 23:59 (Cyprus time) and must be submitted online via www.euburs.eu.

For further information, at www.euburs.eu or at euscholarships-cyprus@goethe.de. The EU Scholarship Programme is fully funded by the European Union and has been implemented by the Goethe-Institut since 2022.

Together we navigate in turbulent geopolitical waters, von der Leyen says in joint presser with Cyprus President (2) [VIDEO]

Together we navigate in turbulent geopolitical waters, European Commission President Ursula von der Leyen said on Thursday at a joint press conference with President of the Republic of Cyprus Nikos Christodoulides, stressing that Cyprus, which stands at the crossroads of continents and cultures, has a unique expertise and assets that will matter greatly as we steer our common agenda in the first half of 2026.

The press conference took place after consultations between the College of Commissioners and the Cyprus Presidency of the Council of the EU on cooperation during its six-month term. The consultations took place at the new port of Limassol.

President Christodoulides referred to the priorities of the Cyprus Presidency which were discussed at the meeting and include, among others, migration, climate change, the SAFE tool, the Multiannual Financial Framework, Social Cohesion and the Eastern Mediterranean.

The President expressed Cyprus’ readiness for full accession into the Schengen Area this year.

He also said that he briefed the Commission President on the latest developments and efforts to resume substantive negotiations on the Cyprus issue and thanked her for the appointment of former Commissioner Johannes Hahn as her Representative on the Cyprus issue.

Responding to a question from CNA about the Commission’s intention to establish a Firefighting Hub based in Cyprus, von der Leyen said that the establishment of this Hub is a priority for the EU and expressed hope that the Hub will be inaugurated during the Cyprus EU Presidency. The Hub will have an operational role and capacity building, she said.

President Christodoulides said that this Regional Hub will be based near the Andreas Papandreou Air Base in Paphos.

Replying to another question, von der Leyen said that the Mediterranean Action Plan is also a priority for the EU and spoke about the importance of stability in the Middle East region.

Cyprus, she said, is in a unique position and is the best Presidency to promote the Pact for the Mediterranean.

President Christodoulides referred to the EU’s increased interest in the Mediterranean and welcomed the actions in this direction.

Addressing the press conference, President Christodoulides expressed his confidence that, through close cooperation with the European Commission, the Cyprus EU Presidency will achieve tangible and concrete results, ‘for the benefit of the Union and its citizens, towards further European integration and the strategic autonomy of our Union’.

Noting that the Cyprus Presidency takes place in a period of complex challenges but also of increased expectations from European citizens, he added that in this context Cyprus will work as honest brokers and reliable partners, with a clear orientation towards results and with full awareness of our responsibility.

He said that during today’s meeting they briefed the College of Commissioners of the Presidency’s priorities, noting that there are substantial convergences in political objectives and in specific actions that will be promoted in the coming months.

He specifically referred to the discussions on EU’s Defense and Security, adding that it was agreed that a strong Europe must have the means and tools to primarily protect its citizens and ensure its energy and economic security.

He also welcomed the progress that, as he said, was made in 2025, under the leadership of the Presidents of the European Council and the Commission, with important tools such as SAFE.

President Christodoulides went on to say that during the Cyprus EU Presidency they will promote the approval of the member states’ plans within the framework of SAFE, on the basis of the relevant recommendations by the EC.

Regarding migration he said that Cyprus will promote the full implementation of the Pact on Migration and Asylum.

The President referred also to the aim of promoting both maritime and water security. On the issue of European competitiveness, President Christodoulides said that in view of the informal European Council on 12 February, they agreed to the need to strengthen the single market, energy connectivity and innovation.

He also said that the Presidency will work closely with the Commission to promote initiatives to reduce bureaucracy, simplify legislation and provide substantial support to small and medium-sized enterprises.

In addition, he said that the international role of the Union and the importance of a Europe open to the world were discussed and he welcomed the first important deliverable, which is the approval of the EU-Mercosur agreement, after 25 years of negotiations.

During the discussions they also touched on Eastern Mediterranean and it was agreed that this is a region of particular strategic importance for the Union, while he stressed that the Cyprus EU Presidency will promote initiatives that strengthen political dialogue and cooperation with the states of the region in areas such as energy, migration and regional security.

The President said that Cyprus EU Presidency will work closely with the Commission to promote policies that advance equality and improve the quality of life of European citizens and, in this context, this includes the implementation of the Affordable Housing Plan, through specific actions, which was recently presented by the President of the Commission.

On the Multiannual Financial Framework (MFF), he said that they agreed on the necessity of having a strategic budget that reflects the priorities , noting that Cyprus will work intensively to ensure that substantial progress is made and that we deliver a mature negotiation framework to the Irish Presidency.

Regarding Cyprus’ readiness for full integration into the Schengen Area he said that we look forward to further substantial progress and our accession in 2026.

He thanked the Head of the European Commission on the decision to appoint Johannes Hahn as the European Commission’s Special Envoy for Cyprus, which reflects EU’s interest in the Cyprus problem.

In her address von der Leyen said that Cyprus stands at the crossroads of continents and cultures and this gives Cypriots a unique expertise in dialogue, negotiation and diplomacy, “assets that will matter greatly as you steer our common agenda in the first half of 2026”.

“And as together we navigate in turbulent geopolitical waters, it fits that the theme of your presidency is ‘An autonomous Union open to the world.’ Concretely this means that together we will be working on 3 key strands that will strengthen our independence. It is security and defence, competitiveness and decarbonisation, Democracy and partnerships.”

Regarding defence and security, she referred to the White Paper and the Readiness Roadmap 2030, noting that “we have made more progress in defence than in decades before.”

Von der Leyen also spoke about the SAFE instrument, saying that on Wednesday, the first 8 out of 19 plans have been approved by the College. “Now it is urgent for the Council to approve these plans to allow fast disbursement.” If things go fast, she went on to say, “we could set the record that from the proposal of SAFE in the College till disbursement, we just needed one year.”

Closely linked to our work on security and defence, is Ukraine, she noted, saying that the Cyprus EU Presidency “will have a key role to play to ensure swift agreement between Council and Parliament on the 90 billion EUR loan, with the legal proposal in the College that we have proposed yesterday, and we agreed politically on it in December in the European Council.”

The second point, she added, is the work for a more competitive Europe “because only if we are economically strong, we can secure our independence.”

During the Cyprus EU Presidency, von der Leyen said, a conference will be organized in May for the Choose Europe program, which concerns research in Europe.

She also said that the Commission will present the 28th regime package to support innovative companies across the Union. Another point that is crucial for competitiveness, she continued, is addressing high energy prices. Several key proposals are already on the table of the co-legislators, von der Leyen said, adding that the Cyprus Presidency will be working on the Grids package and permitting package.

The President of the Commission said that on Saturday in Paraguay “history will be written. We will sign the EU-Mercosur Partnership Agreement after 25 years of negotiations.”

“It will create the largest free trade zone in the world. But our ambition goes further. We are working hard to conclude our negotiations in your presidency with India at the end of the month. As well as with many partners, like Australia, the UAE and Malaysia”, she stressed.

Von der Leyen said that she looks forward to the Informal Leaders’ meeting on 12 February, that will take stock of what has been achieved and speed up further delivery on our competitiveness agenda.

Regarding immigration, she said that we must work hand in hand to implement the Pact on Migration and Asylum and that the next 6 months will be crucial.

“And I am glad that we can count on Cyprus’ experience”, she underlined.

The overall situation in Europe, she went on to say, has substantially improved in recent years.

“This is very visible in Cyprus, where irregular arrivals fell by 62% in 2025 compared to 2024. This confirms the larger trend. In the EU illegal border crossing have fallen 37% in 2024. On top of this come another 26% last year. So let us keep up this work and focus on dismantling smuggling networks.”

The President of the Commission also noted that the Cyprus EU Presidency will play a key role in advancing the next long-term EU budget.

“The December European Council showed strong support for a political agreement by the end of 2026. This momentum must now be maintained. With speed and focus, we can deliver a modern and ambitious EU budget”.

Regional Aerial Firefighting Center and Pact for the Mediterranean

Asked by CNA about the EU’s intention to establish a new European firefighting hub based in Cyprus, she referred to those who ‘bravely every summer fight the flames and keep us safe.’ She noted that she visited the village of Ora in Cyprus in 2021 in the Larnaca district, ‘that was very, very badly hit by the wildfires at that time’. ‘The hub is also for them, and it will have a dual role’, she said. She added that it will be operational to respond to wildfire emergencies and it will also deal with capacity building, which includes the wider region. According to the Commission President, discussions between Cyprus and the Commission services are ongoing.

‘But for us it is a priority, so my ambition is that we launch under your Presidency’, she said.

President Christodoulides said, ‘we are grateful for the announcement of the President of the Commission for the Regional Aerial Firefighting Center here in Cyprus’, expressing hope that the inauguration will take place during Cyprus’ EU Presidency.

He said that they have already identified that the center will be built next to the Andreas Papandreou Air Base in Paphos.

To another question on how the EU intends to promote its priorities concerning Cyprus’ neighbourhood, the Commission President referred to the launch of the Pact for the Mediterranean, ‘for the very first time’. She said she was looking forward to the meeting Nicosia will be hosting of all the countries of the Pact for the Mediterranean, as part of the Cyprus EU Presidency.

‘We are developing an action plan for the Mediterranean that will be presented in a few weeks’, she added.

Noting that she just returned from a trip to Jordan, Syria and Lebanon, she said that, for the EU, the stability of the region was an ‘absolute priority’. ‘Our interests in the Middle East are very clear. It’s not only that we do strategic investments to enhance the stability of the countries of the Middle East, but also to boost the prosperity, economic development’, she said, adding that there are very concrete proposals and projects the EU is investing in, such as infrastructure, energy, security.

‘Our experience is that the more stable our neighbourhood is, the better it is for us and our neighbourhood. And this comes along with investments, with sharing of skills, with job creation. That’s the best remedy for our neighbourhood to be strong, to be stable, to be reliable’, she said, adding that Cyprus is ‘uniquely placed’ to assist in that

She said Cyprus has ‘a very close connection’ to all of its neighbours in the Middle East. ‘So, I also know that you are the best possible Presidency to take forward a Pact for the Mediterranean’, she added.

President Christodoulides noted that, under the leadership of the President of the Commission in recent years, ‘we see a new increased interest from the EU side in the region’.

He recalled that in 2024, Cyprus was facing a serious migration crisis and that he contacted the President of the Commission and asked her to travel together to Lebanon, which, in a few days, led to the first visit by a President of the European Commission to Lebanon.

He noted that under von der Leyen’s Presidency, there a strategic comprehensive agreement was achieved between the EU and Egypt, while last December, the first EU-Egypt Summit was held in Brussels and a few days ago, the first EU-Jordan Summit. He noted that negotiations are underway for a trade agreement with the United Arab Emirates.

He also recalled there is now a Commissioner for the Mediterranean, which was something ‘that we, as a state in the region, had suggested.’

And most importantly, he noted, during the Informal European Council, the Migration Pact will be presented, where, for the first time specific EU projects in the countries of the region will be presented, concerning energy, infrastructure, education, health, etc.

‘We consider that our Presidency is a very good opportunity to further strengthen the important work that has been done in recent years by the Commission,’ he said.

Asked about the situation regarding Greenland, and how the EU can support Denmark, von der Leyen said ‘Greenland can count on us, politically, economically and financially’. She noted that its security the discussions on Arctic security ‘are first and foremost a core issue of NATO’, but that the Arctic and Arctic security were also core topics for the European Union ‘and matter enormously to us.’ This is among other things, she said, the reason why the EU doubled the amount of financial support to Greenland and has established an office there, ‘to have a very close cooperation with the Greenlandic government and people’. She added that they were also discussing investments. ‘We will thus continue our work on Arctic security with our allies, our partners, including the United States’, she added.

To a question about what concrete steps can the EU take on Iran and if she expects the US or Israel to intervene militarily and if she would endorse it, von der Leyen said ‘what is happening in Iran is abhorrent. And the killing of the young people is a human tragedy.’ She added that she cannot comment on other countries’ activities, but that the EU is looking into deepening the sanctions against Iran. She added that the sanctions ‘have their effect, they are weakening the regime, and they help to push forward that this regime comes to an end, and that there is a change.’

Commission strengthens digital innovation and competitiveness through two new calls

The European Commission has launched two new calls under the ‘Digital, Industry and Space’ cluster of the Horizon Europe Work Programme, allocating pound 307.3 million to strengthen Europe’s digital innovation and competitiveness. The deadline for submitting applications is 15 April 2026.

According to a Commission press release issued on Thursday, a total of pound 221.8 million will be allocated to the development of trustworthy artificial intelligence (AI) services, innovative data services and the safeguarding of the EU’s strategic autonomy. The call will fund projects contributing to AI development, including actions supporting the ‘Apply AI’ Strategy, robotics, quantum technologies, photonics and virtual worlds.

The calls are open to businesses, public administrations, academic institutions and other entities from EU Member States and associated countries.

At the same time, more than pound 40 million will be allocated to the Open Internet Stack Initiative, supporting applications and technologies aimed at strengthening European sovereign digital commons.

In addition, as noted by the Commission, pound 85.5 million will be allocated to the second call, which will support open strategic autonomy in the fields of digital and emerging technologies, as well as raw materials. This call will focus on areas such as next-generation artificial intelligence, robotics for industrial and service applications, and the development of new materials with enhanced sensing capabilities.

These calls promote sustainable innovation and strategic digital technologies, in line with the Commission’s Competitiveness Compass. Through this investment, the Commission aims to secure leadership in strategic technologies through sustainable, human-centric innovation.The fourth cluster of the Horizon Europe Work Programme, ‘Digital, Industry and Space’, is strategically designed to accelerate Europe’s leadership and competitiveness in key strategic digital sectors such as artificial intelligence, quantum technologies, future digital networks, virtual worlds and other critical technologies.

Cyprus Stock Exchange

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

MEETING DATE: 15/01/2026

INDICES BASE VALUES: FTSEMed=5000, OTHERS = 1000

EURO (pound )

TRADED VALUE 472.364,84

INDEX

VALUE

%DIFF.

VALUE

FTSE/CySE 20

173,540

-0,020

450.517,540

MAIN MARKET INDEX

230,350

0,440

423.018,380

INVESTMENT COMPANIES MARKET INDEX

3.067,210

0,000

38.504,880

CSE GENERAL INDEX

287,090

0,250

462.211,760

HOTELS INDEX

2.133,910

2,600

10.781,610

ALTERNATIVE MARKET INDEX

1.943,270

-0,430

40.643,380

* The second column presents the percentage variation of the indices as compared to the last meeting.

PRESS RELEASE – EUROPEAN COMMISSION

Today, the European Commission disbursed pound 1 billion in Macro-Financial Assistance (MFA) to Egypt, an important commitment of the EU-Egypt Strategic Comprehensive Partnership signed in March 2024.

This financial support, the first of the expected three instalments under the ongoing pound 4 billion MFA operation, will help Egypt cover part of its ongoing financing needs and ensure macroeconomic stability. It will also support progress within the country’s economic reform agenda in conjunction with the ongoing International Monetary Fund (IMF) programme. This support will contribute to addressing Egypt’s balance-of-payments pressures, including those stemming from Russia’s war of aggression against Ukraine, the situation in the Middle East and the Houthi attacks in the Red Sea.

In its assessment, the Commission concluded that Egypt fulfilled all the required conditions for the disbursement: first, Egypt met all the economic policy conditions agreed with the EU for this payment; second, the country has taken concrete and credible steps towards respecting effective democratic mechanisms, including a multi-party parliamentary system, upholding the rule of law, and ensuring respect for human rights; and third, the IMF programme remains on track as required for the disbursement of MFA funds.

As regards the economic policy conditions, Egypt has implemented economic reforms to strengthen macroeconomic stability and resilience, including improvements in the public financial management and the functioning of the foreign exchange market. Progress has also been made in enhancing the business environment and competitiveness, notably through competitive bidding for industrial land allocation and streamlined online licensing. Further progress has also been made in fostering the green transition, including in the areas of water management and energy.

More information is available in press release online.

(For more information: Balazs Ujvari – Tel.: +32 2 295 45 78; Guillaume Mercier – Tel.: +32 460755311; Francisca Marçal Santos – Tel.: +32 2 299 72 36; Luca Dilda – Tel.: +32 2 295 21 53)

EU invests over pound 307 million into artificial intelligence and related technologies

The European Commission has launched two new calls under the ‘Digital, Industry and Space’ cluster of the Horizon Europe Work Programme, allocating pound 307.3 million to bolster Europe’s digital innovation and competitiveness.

A total of pound 221.8 million is dedicated to an initiative focusing on the development of trustworthy artificial intelligence (AI) services, innovative data services, and securing of EU strategic autonomy. The call will fund projects contributing to AI development, including actions supporting the Apply AI Strategy, robotics, quantum technologies, photonics and virtual worlds. With over pound 40 million dedicated to the ‘Open Internet Stack Initiative’, both end-user applications and inside the stack technologies will be developed to support European sovereign digital commons.

An additional pound 85.5 million is available for the second call, which will support open strategic autonomy in digital and emerging technologies and raw materials. It will focus on topics like next-gen AI agents, robotics for industrial and service applications, and the development of new materials with enhanced sensing functionalities.

These calls drive sustainable innovation and European leadership in strategic digital technologies, aligning with the Commission’s Competitiveness Compass. Through this investment, the Commission aims to secure leadership in strategic technologies through sustainable, human-centric innovation.

Cluster four of the Horizon Europe Work Programme, ‘Digital, Industry and Space’ is strategically designed to accelerate Europe leadership and competitiveness in key strategic digital sectors such as AI, quantum, future digital networks, virtual worlds and other key technologies. These calls are open to businesses, public administrations, academia, and other entities from EU Member States and partner countries.

New dynamic mechanism to lower price cap for Russian crude oil to $44,10 per barrel

Today, the new automatic and dynamic mechanism for price adaptation of the Oil Price Cap for Russian crude will be applied for the first time. The new price cap for Russian crude oil is $44,10 per barrel, effective 1 February. Starting 15 January, old contracts concluded under the previous price cap can be executed for 90 days.

Under the 18th sanctions package the cap was lowered from $60,00 to $47,60 with an automatic and dynamic mechanism introduced to set the future price cap for crude oil. The new mechanism ensures that the cap is always 15% lower than the average market price for Urals crude in the previous reference period (22 weeks).

Constraining Russia’s energy revenues has consistently been, and will remain, a top priority for the EU, with the view of weakening Moscow’s ability to wage its illegal war of aggression against Ukraine.

The price cap will be subject to regular review every six months by the Commission, although extraordinary reviews are possible where duly justified by developments in the oil markets or other unforeseen circumstances. The Commission is in regular contact with EU Member States, as well as with international partners, to ensure close coordination on the measures.

The G7 Oil Price Cap Coalition established an oil price cap mechanism on Russian seaborne crude oil and petroleum products in 2022. EU operators are only allowed to provide maritime transport and related services for Russian crude oil and petroleum products if sold at or below the relevant price caps. This mechanism was specifically designed to put further pressure on Russia’s oil revenues, while keeping global energy markets stable through continued supplies.

Commission seeks input for venture and growth capital funds reform

The European Commission is seeking feedback on obstacles faced by EU venture and growth capital funds and on possible measures to address them. To that end, the Commission has opened two consultations: a targeted one addressing key stakeholders such as fund managers, businesses, institutional investors as well as public authorities and supervisors, and a public one where anybody can contribute.

The input will support the Commission’s policy work under the Savings and Investments Union and the Startup and Scaleup Strategy, in particular the efforts to improve access to finance for innovative companies in the EU.

Venture and growth capital funds play a key role in financing the EU economy, including innovative and strategic initiatives. They support companies from early development stages to later phases of growth. A more dynamic and integrated European market for such funds is essential for unlocking the EU’s growth potential and strengthening its global competitiveness. Through a better access to finance, innovative EU companies will be able to pursue their expansion and job creation here in the EU.

Against this background, the Commission envisages a review of the European Venture Capital Fund (EuVECA) Regulation under its Savings and Investments Union strategy, planned for adoption in the third quarter of 2026. With a view to maximising the impact on EU competitiveness and growth, the Commission is also considering a possible broader policy initiative beyond the EuVECA framework, which would cover a wider range of venture and growth capital fund managers.

The two consultations remain open until 12 March 2026. The feedback received will inform the Commission’s policy work on venture and growth capital funds.

Member States’ continued focus on EU key priorities amid reduced spending in 2024, State aid Scoreboard shows

EU Member States spent 90% of their State aid in 2024 to support EU priorities, according to the European Commission’s 2025 State aid Scoreboard, published today.

Environmental protection and energy savings remains the main focus among key State aid objectives, accounting for pound 68.82 billion or 45% of total State aid for EU priorities. In a strategic shift towards sustainability, Member States increased focus on energy aid. Out of the total aid spent for environmental protection and energy savings, State aid for decarbonisation efforts totalled pound 30.45 billion. Aid for energy production and infrastructure modernisation reached pound 27.31 billion in 2024.

Executive Vice-President for Clean, Just and Competitive Transition, Teresa Ribera, said: ‘Environmental protection and energy savings remained at the core of State aid expenditure in 2024, alongside research and development, confirming the trend seen in 2023. This shows that Member States continue to support the clean transition, ensuring that the benefits of decarbonisation and digital innovation reach households and businesses across Europe.’

The Scoreboard is the Commission’s benchmarking instrument for State aid. More information on the State aid Scoreboard, including earlier Scoreboards, can be found here.

EU Scholarship Programme 2026/27 for the Turkish Cypriot Community

The European Commission is pleased to announce the launch of the EU Scholarship Programme for the Turkish Cypriot community for the 2026/27 Academic Year, funded under the EU Aid Programme. With a budget of pound 2.5 million per academic year, the Programme continues to open pathways to education, training, and professional development for members of the Turkish Cypriot community across a wide range of academic and vocational fields within the European Union. With this allocation, the total funding dedicated to the Programme since its establishment has reached pound 43 million, underlining the European Union’s long-term commitment to education and skills development.

The EU Scholarship Programme supports individuals at different stages of their educational and professional journeys, enabling them to gain academic qualifications, develop professional skills, and build experience in EU Member States. By investing in education and skills, the Programme seeks to enhance employability, contribute to addressing skills gaps in the labour market, and support the long-term contribution of beneficiaries to their communities.

As the 2025/26 Academic Year progresses, around 120 Turkish Cypriot scholars are pursuing studies in 19 EU Member States, with the scholarship process still ongoing. Fields of study include innovative and special education, artificial intelligence and robotics, sustainable renovation, sustainable development, environmental sciences, human rights, and EU languages such as French, Spanish, and German. These disciplines equip participants with the academic and professional skills needed to engage confidently with opportunities across Europe.

PRESS RELEASE – EUROPEAN COMMISSIONBeyond the scholarship period, the Programme promotes continued engagement through its Alumni Connect Initiative, which has brought together approximately 2,450 beneficiaries since 2007. The initiative strengthens professional networks, encourages collaboration, and supports knowledge exchange and lifelong learning, extending the impact of the Programme well beyond individual study periods. EU Member States spent 90% of their State aid in 2024 to support EU priorities, according to the European Commission’s 2025 State aid Scoreboard, published today. While overall spending dropped to pound 168.23 billion in 2024 from pound 203.35 billion in 2023, Member States channelled more funds towards supporting key EU priorities, such as environmental protection, energy, research, development and innovation and regional development. At the same time, crisis aid measures related to the Russian invasion of Ukraine and to the COVID-19 pandemic continued to phase out.

The State aid Scoreboard, based on Member States’ reports, shows that in 2024:

Environmental protection and energy savings remains the main focus among key State aid objectives, accounting for pound 68.82 billion or 45% of total State aid for EU priorities.

In a strategic shift towards sustainability, Member States increased focus on energy aid. Out of the total aid spent for environmental protection and energy savings, State aid for decarbonisation efforts totalled pound 30.45 billion. Aid for energy production and infrastructure modernisation reached pound 27.31 billion in 2024.

In addition, Member States channelled pound 3.84 billion to support the shift from crisis-related emergency measures toward sustainable investments to accelerate the transition to a net-zero emission economy under the Temporary Crisis and Transition Framework (‘TCTF’), focusing on renewable energy rollout, industrial decarbonization, and strategic sector investments. Two new semiconductor manufacturing facilities projects received State aid, with pound 223.87 million paid out in 2023 and pound 352.85 million in 2024.

In 2024, State aid for research, development and innovation totalled pound 14.16 billion, while Member States granted pound 13.42 billion in aid for regional development. The expenditure for important projects of common European interest (IPCEIs) was pound 2.62 billion in 2024.

State aid also contributed pound 4.59 billion to the rollout of broadband, which supports EU digital growth.

Aid to agriculture, forestry, and rural areas amounted to pound 10.43 billion, while fisheries and aquaculture received pound 212.87 million in 2024.

Measures under the General Block Exemption Regulation (‘GBER’) comprised 69% of all active State aid measures, reflecting a continued preference for block exemptions. Combined with the Agricultural Block Exemption Regulation (‘ABER’) and the Fishery Block Exemption Regulation (‘FIBER’), these measures together accounted for 87% of all active State aid measures and 93% of new measures. Due to their focus on smaller aid measures, these represented only 36% of the total expenditure.

Two new semiconductor manufacturing facilities projects received State aid, with pound 223.87 million paid out in 2023 and pound 352.85 million in 2024.

State aid also contributed pound 4.59 billion to the rollout of broadband, which supports EU digital growth.

Total crisis aid expenditure decreased significantly to pound 16.33 billion, a reduction of 67% compared to the previous year, with aid focused predominantly on addressing impacts of the Russian invasion of Ukraine.

Background

Under Article 6 of Commission Regulation (EC) 794/2004, the European Commission must publish, annually, a State aid synopsis based on the expenditure reports provided by Member States. The Scoreboard is the Commission’s benchmarking instrument for State aid. It was launched by the Commission in July 2001 to provide a transparent and publicly accessible source of information on the overall State aid situation in the Member States and on the Commission’s State aid control activities.

For More Information

State aid expenditure data gathered by the Commission is also available on the data repository webpage on the competition website. More information on the State aid Scoreboard, including earlier Scoreboards, can be found here.

Quote(s)

Environmental protection and energy savings remained at the core of State aid expenditure in 2024, alongside research and development, confirming the trend seen in 2023. This shows that Member States continue to support the clean transition, ensuring that the benefits of decarbonisation and digital innovation reach households and businesses across Europe.

Teresa Ribera, Executive Vice-President for Clean, Just and Competitive Transition

Kallas, Kombos hold joint talks with regional Foreign Ministers

EU’s High Representative for Foreign Affairs and Security Policy, Kaja Kallas, and Cyprus’ Foreign Minister, Constantinos Kombos, held joint talks on Thursday with Foreign Ministers of the Eastern Mediterranean and the Middle East.

In a post on X, Kombos wrote that, in light of the evolving regional developments, Kallas and himself “had this evening joint contacts with colleagues from the region”, stressing that “active diplomacy, engagement and dialogue is the only way to pursue regional stability and security”.

Specifically, they held contacts with Kuwait’s Minister of Foreign Affairs, Abdullah Ali Al Yahya, Jordan’s Deputy Prime Minister and Minister of Foreign Affairs, Ayman Safadi, UAE’s Deputy Prime Minister and Minister of Foreign Affairs, Abdullah bin Zayed Al Nahyan.

They also spoke with Oman’s Minister of Foreign Affairs, Sayyid Badr bin Hamad bin Hamood Albusaidi, Egypt’s Minister of Foreign Affairs, Badr Abdelatty, Saudi Arabia’s Minister of Foreign Affairs, Faisal bin Farhan Al Saud and Qatar’s Prime Minister and Minister of Foreign Affairs, Mohammed bin Abdulrahman Al Thani.

PRESS RELEASE – CCCI

The Cyprus Chamber of Commerce and Industry (CCCI) invites you to the event of the CY-TRUST project, a pioneering initiative that aims to strengthen and upgrade cybersecurity in Cyprus.

The event focuses on the transition from informing and building trust to the practical and operational implementation of cybersecurity solutions, highlighting how the results of European projects can be leveraged in real-world operational environments.

Event Details

Date: Friday, January 23, 2026

Time: 09:00 – 14:00

Location: Digital Security Authority Offices, ICT Academy, 1 Andrea Haliou Street, 2408 Engomi, Nicosia

Language: Greek

Registration: Free, but mandatory (click here), please confirm your participation by January 20, 2026

Event format: In person

Through the actions of the CY-TRUST, SOC4SME, NGSOC and SecAwarenessTruss projects, approaches, tools and experiences will be presented that cover the entire spectrum of cybersecurity, from informing and strengthening trust, to the operation of advanced Security Operations Centres (SOCs) and the accessibility of solutions for Small and Medium-sized Enterprises (SMEs).

What the participants will gain

Participants will have the opportunity to:

?? gain practical and applicable knowledge about modern cybersecurity approaches and tools,

?? discuss needs and usage scenarios with experts and ecosystem representatives,

?? identify opportunities for collaboration, piloting and future deployment of solutions,

The CY-TRUST project is coordinated by the Digital Security Authority, with partners the CCCI and other national and international bodies.

For more information about the CY-TRUST project, visit the project website or follow CY-TRUST on LinkedIn.

Weather Temperature for Cyprus

Weather Temperature for Cyprus

Today’s weather and temperatures for Cyprus according to the Department of Meteorology

Date 15/01/2026

Station

TEMPERATURE (C) (FROM 20:00 PC of the previous one until the time of the show)

Humidity at

1200 UTC

Highest

Lowest

Nicosia (Athalassa)

15 (14.8)

1 (1.2)

49

Larnaka Airport

16 (16.3)

5 (5.1)

48

Limassol (New Port)

17 (16.9)

5 (5.1)

58

Limassol (Municipal Garden)

16,1

5,7

Pafos Airport

18 (17.8)

7 (7.3)

51

Frenaros

16 (16.1)

6 (5.7)

51

Prodromos

7 (7.4)

-2 (-2.1)

77

Polis Pafos

18 (17.9)

7 (7.3)

54