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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State Health Services Organisation urges unions to avoid 48-hour strike

The State Health Services Organisation (OKYPY) believes there is...

Greece: Serious accident during cycling race leaves three injured, including Cypriot cyclist

Three cyclists, including a Cypriot national, were injured in...

Murder of 61-year-old Olga: Autopsy reveals severe traumatic brain injury

An autopsy conducted on Sunday, 1 November, has established...

Series of road accidents involving drunk and drug-impaired drivers: Three arrested

Cyprus Police arrested three motorists overnight for drink-driving offences...
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