President Nikos Christodoulides said Wednesday that a preliminary estimate showing 3% economic growth in the first quarter of 2026 underscores the resilience and momentum of the Cypriot economy.
Christodoulides said the figure comes at a time of geopolitical uncertainty, with the European Union average growing at “significantly lower levels,” and shows Cyprus continues to outperform the bloc.
He called the estimate a clear signal that Cyprus remains “at the forefront of European growth,” with a stable and reliable economy capable of creating opportunities for businesses, workers and society.
Finance Minister Makis Keravnos said the projection confirms the government’s economic policy and highlights the economy’s strength even amid heightened uncertainty and ongoing conflicts. He said the government will continue its fiscal strategy with consistency and discipline to support investment and improve living standards.