Nicosia, Cyprus. Cyprus recorded stronger economic growth than both the euro area and the European Union in the first quarter of 2026, according to Eurostat estimates, despite slowing from the previous quarter. Separately, Eutelsat and Cyprus-based Tototheo Global signed a partnership agreement to expand Low Earth Orbit connectivity services.
Economic growth slows
Figures released by the European Union’s statistical office showed that Cyprus’ gross domestic product expanded by 0.2 per cent quarter-on-quarter in the January to March period.
This was slower than the 1.2 per cent increase recorded in the fourth quarter of 2025.
Compared with the same period a year earlier, the Cypriot economy grew by 3 per cent, down from 4.3 per cent in the fourth quarter of 2025.
Annual growth in Cyprus had stood at 3.6 per cent in the third quarter of 2025 and 3.7 per cent in the second quarter of 2025.
Eutelsat and Tototheo Global partnership
Satellite operator Eutelsat and Cyprus-based Tototheo Global signed a new partnership agreement aimed at expanding Low Earth Orbit connectivity services across the maritime, enterprise and government sectors.
Under the agreement, Tototheo Global will provide Eutelsat’s OneWeb LEO services to maritime customers around the world and will also act as a key partner for enterprise, civil and military government connectivity requirements in Greece and Cyprus.
The companies said the collaboration is intended to support resilient communications and mission-critical operations, where secure and dependable connectivity is essential.
Headquartered in Cyprus, Tototheo Global specialises in advanced connectivity and technology solutions for organisations operating in demanding environments across the maritime, enterprise and government sectors.
The company said the agreement with Eutelsat will strengthen its connectivity portfolio and enhance its ability to provide safe and resilient operations for customers.
