Cyprus Times

Finance Minister: GDP Growth Figures Confirm Economy's Dynamism

Published February 13, 2026, 14:09
Finance Minister: GDP Growth Figures Confirm Economy's Dynamism

The Minister of Finance, Makis Keravnos, stated that the figures for Cyprus' GDP growth rate in the fourth quarter of 2025 confirm the dynamism of the Cypriot economy despite the challenges and uncertainties of the external environment. He emphasized that the policies of the Ministry of Finance have created an environment of stability and prospects, recognized by domestic and international partners. Mr. Keravnos mentioned that the government has ensured fiscal stability and sustainability, achieving surplus budgets and reducing public debt. He also highlighted the maintenance of high liquidity and the strengthening of the country's credit rating. He noted that inflation has been zeroed, boosting the purchasing power of citizens and creating price stability. At the same time, growth and employment are strengthening, with Cyprus recording growth rates higher than the EU average and low unemployment. According to data from the European Statistical Office, Cyprus' growth rate in the fourth quarter of 2025 is 4.5%, significantly higher than the European average. The Minister of Finance stressed that prudent and disciplined economic management will contribute to the resilience of the Cypriot economy.