Tag: gdp

Taxes and social contributions reach 36.3% of GDP

Cyprus' tax-to-GDP ratio increased to 36.3% in 2025, up from 36% the previous year, according to figures published by Eurostat on Thursday. Despite the rise,...

Cyprus records EU’s second-largest annual public debt drop

Cyprus' gross government debt fell to 54.6% of GDP at the end of the first quarter of 2026, according to figures published by Eurostat...

Public finances record €552.9M surplus in five months

Cyprus maintained a positive fiscal position during the first five months of 2026, as increased tax income, particularly from VAT, helped offset higher government...

Three key pillars that boosted Cyprus’ economy in 2025

The Cyprus economy continues to show strong fiscal and growth performance, with a surplus of around 3% and public debt falling close to 50%...

General government surplus: €1.43 billion – 4.2% of GDP

The preliminary General Government fiscal results, prepared by the Statistical Service, indicate a surplus of €1,431.8 mn (4.2% of GDP) for the period of...

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A Cypriot former pilot on dealing with bomb threats aboard aircraft

Passengers should not panic or avoid air travel following...

How dowries shaped wealth, homes and family life in 20th-century Paphos

Homes, plots of land, vineyards, fields, livestock, cash and...

Cyprus contributes €100,000 to help efforts against Ebola outbreak in DR Congo

The Republic of Cyprus, through the CyprusAid mechanism is...

Cyprus among EU’s two fastest-growing economies, President says

The Government intends to assign additional responsibilities to Invest...
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