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Ministry of Finance: Data Confirms the Dynamic of the Cypriot Economy

Published February 13, 2026, 14:13
Ministry of Finance: Data Confirms the Dynamic of the Cypriot Economy

The Minister of Finance, Makis Keravnos, stated that the data on the GDP growth rate of Cyprus in the fourth quarter of 2025 confirms the dynamism of the Cypriot economy, despite the challenges in 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 pointed out the maintenance of high liquidity and the strengthening of the state's creditworthiness. The Minister stated that inflation has been reduced to zero, strengthening the purchasing power of citizens and creating price stability. In addition, growth and employment are being strengthened, with Cyprus recording growth rates higher than the EU average and low unemployment. According to Eurostat data, Cyprus's GDP growth rate in the fourth quarter of 2025 is 4.5%, significantly higher than the European average. Mr. Keravnos assured that prudent fiscal management will contribute to the resilience of the Cypriot economy and the continuation of growth.