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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Javokhir Sindarov: A grand return to Cap St Georges Hotel & Resort

World Chess Championship challenger J. Sindarov returns to Cap...

US companies show growing interest in investing in Cyprus, government says

Cyprus is seeing increased interest from American companies looking...

UK considers cutting university tuition fees for EU students

The UK government is considering allowing European Union students...

Bank of Cyprus car auction offers vehicles starting at €500

A new car auction in Cyprus organised by Bank...
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