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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Paphos: Rescue operation launched for 10 people aboard sinking vessel

Cypriot authorities carried out a rescue operation involving ten...

Limassol: Youths throw object at delivery driver, injuring his head and nose

Cyprus Police are investigating an incident in Limassol in...

Missing 61-year-old Olga: Witness reports hearing a scream and seeing a car with its boot open

A witness account describing a scream heard near the...

Italy protests spread to more than 50 cities

Farmers dumped manure on the streets of Turin on...
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