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Finance Minister: GDP Growth Data Confirms Cypriot Economy's Strength

Published February 13, 2026, 14:27

The Minister of Finance, Makis Keravnos, stated that the GDP growth data confirms the dynamism of the Cypriot economy despite external challenges. He emphasized that government policies have led to stability and prospects, recognized both domestically and by international partners. Emphasis was placed on fiscal stability, the reduction of public debt, and low inflation, which strengthens citizens’ purchasing power. The Cypriot economy is growing at rates higher than the European average, while unemployment remains at low levels. The Minister expressed confidence that prudent economic management will lead to maintaining high growth rates of over 3% in the medium term.