Philenews

President: 4.5% Growth is a Vote of Confidence

Published February 13, 2026, 12:19
President: 4.5% Growth is a Vote of Confidence

The President of the Republic, Nikos Christodoulides, described the 4.5% GDP growth in the fourth quarter of 2025 as a vote of confidence in the Cypriot economy, a result of the responsible economic policy being followed. Cyprus ranks second in the EU in terms of growth rate. The President stressed that the steady upward trend of the economy allows for substantial investments in important areas such as health, education, social welfare and housing policy, improving the daily lives of citizens. He pledged that the Government will continue to exercise responsible fiscal management, emphasizing that economic stability is a prerequisite for the implementation of social interventions and the strengthening of economic development. The President's statement comes in response to the published data of the Statistical Service, which confirms the strong performance of the Cypriot economy compared to the European average.