
Cyprus recorded one of the sharpest declines in new business registrations in the European Union in the second quarter of 2025, while also posting one of the steepest rises in bankruptcies, according to Eurostat .
The number of new businesses created on the island fell by 8.4 per cent compared with the first quarter, placing Cyprus among the weakest performers in the bloc.
Only Denmark, where registrations dropped by 18.2