Below are links to free-to-consume, longer-form articles, podcasts and videos on the Cyprus economy, Cyprus energy, Cyprus geopolitics and the Cyprus problem. published in in 2024-25, by Fiona Mullen, Director of Sapienta Economics. Most of them can be found in a single link here. For older articles back to 2011, come out of this article and keep scrolling. For pay-to-access special reports, go here. You can also find Fiona Mullen on LinkedIn and BlueSky and for the moment on X.
Economy
19 Dec 2025. A Cyprus windfall tax would be a mistake. Read it on Substack.
19 Dec 2025. Why a Cyprus bank windfall tax would be a bad idea (podcast 14 minutes). Listen to it here.
05 Dec 2025. Türkiye/Turkey economy: a snapshot. View it on Substack. Around a month after publication it will also appear on YouTube here.
28 Nov 2025. Sneak peak of this month’s analysis from Sapienta Country Analysis Cyprus. Read it on Substack.
14 Nov 2025. Could OECD membership be a CBM for Cyprus? Read it on Substack.
07 Nov 2025. Cyprus in-depth analysis: what did you miss? A hint of what was in the October Sapienta Country Analysis Cyprus. Read it on Substack.
31 Oct 2025. How tourism has shrunk in Cyprus. Successive revisions plus growth has elevated other sectors. Video of just over 5 minutes. View it on Substack. Around a month after publication it will also appear on YouTube here.
24 Oct 2025. Cyprus, the Teflon economy. From the archives. Read it on Substack.
05 Sep 2025. Cyprus productivity-wages link is essential for jobs. The only way to compete with ai is to get more productive. Read it on Substack.
29 Aug 2025. August musings 2: reasons for diversifying revenue streams. Cyprus is largely off the radar. Read it on Substack.
15 Aug 2025. August musings 1: learning new skills. Rushing to remain relevant in a fast-changing age. Read it on Substack.
01 Aug 2025. Cyprus housing stock: what does it look like? And how many of us live in apartments? Read it on Substack.
25 Jul 2025. Angst and ai. Will there be enough people who need high-quality, verifiable analysis? Read it on Substack.
01 Jul 2025. Cyprus would thrive with more boarding schools. A safe haven needs a place for the kids too. Read it on Substack.
20 Jun 2025. Cyprus public- & private-sector earnings. How has the gap changed over time? View it on Substack. Around a month after publication it will also appear on YouTube here.
09 May 2025. How big is the public sector in Cyprus? In terms of employment, public spending and % of GDP. View it on Substack or on YouTube here.
02 May 2025. Rear view: Cyprus in April 2020 (part 2: economy). What I was writing about in the monthly Sapienta Country Analysis reports in the Covid-19 beginnings of March-April 2020. Read it on Substack.
29 Apr 2025. The broader impact of US tariffs on Cyprus. A podcast with Alex Apostolides. Listen to it on the Island Talks website or search for Figure It in your podcast provider.
17 Apr 2025. Why are so many Cyprus households struggling? A dig into the numbers. Read it on Substack.
11 Apr 2025. Cyprus economy & politics. A video on prospects and risks in under 10 minutes. View it on Substack or on YouTube here.
14 Mar 2025. Cyprus economy and labour market. Has Cyprus productivity kept pace with wage indexation? A video of under 9 minutes examining how labour productivity in public administration fared since Cyprus joined the EU in 2004 and how it compares to other sectors. View it for free on Substack. Sign-up required.
07 Mar 2025. Cyprus economy (and politics). Rear view: Cyprus in February 2014. Some extracts of what Sapienta Country Analysis Cyrus was writing about just 11 months after the Cyprus financial crisis in March 2013. Read it for free on Substack. Sign-up required.
14 Feb 2025. Cyprus demographics: How big is the former Soviet Union population in Cyprus? (Follow-up). A video of under 8 minutes responding to comments by expanding to the whole of the former Soviet Union the research contained the previous video . View it for free on Substack. Sign-up required.
24 Jan 2025. Cyprus demographics: How big is the Russian population of Cyprus? A video of under 8 minutes mythbusting the number of people of Russian origin in the Republic of Cyprus (southern part of the island). View it for free on Substack. Sign-up required.
16 Oct 2024. From research to market with Cyprus Seeds. Cyprus is more innovative than you think. A podcast of 25 minutes with Cyprus Seeds Managing Director Maria Georgiadou, and Innovation Programme Manager Margarita Kyprianou about how Cyprus Seeds supports bringing innovators’ research to market. Listen to it on the Island Talks website or search for Figure It in your podcast provider.
12 Apr 2024. Cyprus tourism: the unlikely biggest-spending country. An article analyzing recent tourism trends and which countries are the biggest spenders. Read it for free on Substack. Sign-up required.
21 Feb 2024. Cyprus interest rates: how do they compare? An article investigating how interest-rate margins and interest-rate levels in Cyprus compare with the eurozone. Read it for free on Substack. Sign-up required.
5 Feb 2024. What is the real size of Russian deposits in Cyprus? An article to mythbust the implication that bank deposits in Cyprus had dropped by €40bn. Read it on the Financial Mirror website.
25 Jan 2024. Green finance: how will it affect your business? Take-outs from the second Green and Sustainable Finance Conference, on 18 January in Nicosia, organized by ideopsis Ltd and Grant Thornton (Cyprus) Ltd and supported and co-funded by the British High Commission in Cyprus. Read it for free on Substack. Sign-up required.
Energy
18 Jul 2025. Why Cyprus needs “an” electricity interconnector. “Energy islands” will be uncompetitive in a world of abundant cheap energy. Read it on Substack.
11 Jul 2025. How much gas does Cyprus have? Plus a crash course on how natural gas estimates change over time. View it on Substack. Videos also appear around a month after publication on YouTube here.
04 April 2025. Cyprus electricity: how did it get so bad? A follow-up from last week’s piece. Read it on Substack.
28 Mar 2025. Longer Cyprus blackouts this summer? We shall have half a million tourists by July-August. Read it on Substack.
22 Feb 2024. What does ENI’s latest gas discovery offshore Cyprus actually mean? A 20-minute podcast with Peter Stevenson of Middle East Economic Survey (MEES). Listen to it on the Island Talks website or search for Figure It in your podcast provider.
8 Feb 2024. East Med Energy and the Cyprus problem: why it is in the EU’s strategic security interests to get involved. A 20-minute podcast with political scientist Prof Ahmet Sözen on the need for energy cooperation in the Eastern Mediterranean. Listen to it on the Island Talks website or search for Figure It in your podcast provider.
Cyprus geopolitics, Cyprus problem
12 Dec 2025. Europe’s latest challenge. And why I remain an optimist. Read it on Substack.
21 Nov 2025. Ball-gazing on the Cyprus problem. Full edited transcript of an earlier interview. Read it on Substack.
14 Nov 2025. Could OECD membership be a CBM for Cyprus? Read it on Substack.
27 Oct 2025. What’s behind the power shift in North Cyprus? A recording with Turkey recap’s live video. View it on Substack. Videos also appear around a month after publication on YouTube here.
17 Oct 2025. Can a Cyprus property settlement be financed? Yes if handled properly. Read it on Substack.
10 Oct 2025. What does the Cyprus problem cost Turkish Cypriots and Greek Cypriots? Both sides are paying more, while also losing their independence. A 10-minute video. View it on Substack. Videos also appear around a month after publication on YouTube here.
03 Oct 2025. The Cyprus “problems” and the dialogue of the deaf. There is not even consensus on what the Cyprus problem is. Read it on Substack.
26 Sep 2025. Cyprus: have the briefings against Tufan Erhürman already begun? In the context of mass UN cuts, this might backfire on the Greek Cypriots. Read it on Substack.
12 Sep 2025. Do we really want US attention on the Cyprob? Attention from the White House might backfire. Read it on Substack.
27 Jun 2025. A taboo-busting Cyprus problem scenario for the new world disorder. Three scenarios and one with potential. Read it on Substack.
30 May 2025. Why I fear Cyprus property cases will end badly. And a long ponder on what to do about it. Read it on Substack.
16 May 2025. My 3 wishes for Cyprus envoy Holguin. There is a deal to be made but it needs diplomatic courage and consistency. Read it on Substack. .
25 Apr 2025. Rear View: Cyprus in April 2020 (part 1: politics). How Covid-19 changed the Cyprus problem. Read it on Substack.
21 Mar 2025. Is the Cyprus problem paradigm changing? The Geneva meeting might have achieved more than what it seems at first sight. Read it on Substack.
28 Feb 2025. Will Cyprus have to choose between Europe+ and US-Russia? Cyprus is stuck again between a rock and a hard place. Read it on Substack.
07 Feb 2025. Will Turkey make an offer to Cyprus in March? Some speculation on what Türkiye (Turkey) might be planning for the upcoming “five-party” meeting under UN auspices in March. Read it for free on Substack. Sign-up required.
17 Jan 2025. The unspoken by-product of warmer Cyprus-US relations. It has big implications for what kind of Cyprus settlement is possible. Read it for free on Substack. Sign-up required.
10 Jan 2025. The Cyprus-US tilt is irreversible. If you have not paid attention to the Republic of Cyprus lately, you will have missed the huge structural shift in its political and business allegiances in the past few years. Read it for free on Substack. Sign-up required.
04 Nov 2024. Scenarios for the future of Cyprus. A 30-minute podcast with Michelle Parlevliet of REOS Partners about the Cyprus Futures project, which asked a broad cross-section of Cypriots with differing views to take the time to imagine four plausible but very different scenarios for the future of Cyprus. Listen to it on the Island Talks website or search for Figure It in your podcast provider.
17 Sep 2024. Mythbusting the population of northern Cyprus. A written version of the podcast below together with a table of numbers. Read it here on Substack.
06 Sep 2024. How big is the population of northern Cyprus? A 30-minute podcast with Mete Hatay of the Peace Research Institute Oslo (PRIO) mythbusting some of the more outlandish estimates about the population of northern Cyprus. Listen to it on the Island Talks website or search for Figure It in your podcast provider.
28 May 2024. Key take-outs from the first workshop of the Civic initiative for an updated Cyprus peace process design (“C-Up”). Sapienta Economics Director Fiona Mullen worked closely with the Cyprus Peace and Dialogue Centre (CPDC) to launch the first workshop of the C-Up initiative, which aims to explore how inclusive and democratic processes can help the political leaders “walk the last mile” to find a lasting, peaceful negotiated settlement of the Cyprus problem. You can download the the key take-outs from here.
10 Mar 2024. A strategic EU role for the Cyprus problem. Democratizing the process is the necessary condition for reaching a negotiated settlement of the Cyprus problem. But it is not sufficient. We also need the international community to be strategically coordinating how they create the right incentives to get the leaders to agree simply on a new process design, let alone to reach a settlement. Here, the role of the EU (and the US, assuming that it remains geopolitically engaged) will be crucial. Read it on the Financial Mirror website.
07 Mar 2024. Things you didn’t know about UNFICYP. A 20-minute podcast with Prof James Ker-Lindsay, Visiting Professor at the University of Kent, Research Associate at LSE and producer of the popular conflict/international relations YouTube channel called “Prof James Ker-Lindsay”, to discuss some little known facts about UNFICYP – the UN peacekeeping mission in Cyprus that commemorated its 60th anniversary on 3 March. Listen to it on the Island Talks website or search for Figure It in your podcast provider.
06 Mar 2024. How can we revitalize the solution process? A 20-minute interview with Andromachi Sophocleous and Kemal Baykalli of Nicosia Uncut podcast to discuss what needs to be done to revitalize the Cyprus peace process, the challenges faced by the new UN envoy, Maria Holguin Cuellar, and why the international community needs to get involved to support the process. Listen to it on the Island Talks website or search for Nicosia Uncut in your podcast provider.
25 Feb 2024. Steps to a new Cyprus problem process. An article about negotiations process design, this article lays out the steps to a new process that is not seen as threatening by the political leaderships on all sides. Read it on the Financial Mirror website.
08 Jan 2024. Deliberative democracy: only way out of the Cyprus problem? How to address the structural defect in the current negotiations process in a way that ensures that the outcome, whatever it is, can be supported by the leaders and has democratic legitimacy. Read it on the Financial Mirror website. h