Cyprus Posts €567m Budget Surplus in First Quarter of 2026
Revenue rises 5.8% but higher spending narrows fiscal surplus.
Cyprus Records Second-Largest Fall in Public Debt Across EU
The country's debt-to-GDP ratio fell to 54.6% in the first quarter of 2026, while preliminary figures showed a €567.1 million government surplus.
EU Urged to Act on Gender Pay Gap Rules
Trade unions say the European Commission has taken action on delays involving agricultural rules while 22 member states have yet to implement gender pay transparency legislation.
Euro Zone Firms Face Tighter Lending Conditions as Borrowing Costs Rise
ECB survey shows further increases in business loan rates, while companies cite economic uncertainty as a key financing constraint.
Cyprus Braces for Energy Price Pressure
Rising Middle East tensions are driving up energy prices, exposing Cyprus to fresh inflationary pressures.