The 3% growth of the Cyprus economy in the first quarter of 2026 confirms the Government’s sound economic policy and underlines the resilience of the economy despite a period of heightened uncertainty and armed conflicts, Finance Minister Makis Keravnos said in a written statement commenting on data released by CySTAT.
According to the statement, GDP growth in the first quarter of 2026, which included the “critical month of March”, reached 3.0%.
Keravnos said the performance of the Cyprus economy was “significantly higher than the European average”, both in comparison with the Eurozone and the European Union.
He added that this development constitutes “a decisive encouragement for all sectors of the country’s economic life” and called on them to continue and strengthen economic activity “with an outward-looking approach, enthusiasm and by making use of our comparative advantages”.
“The Government assures that it will continue its economic policy with consistency, responsibility and discipline, creating stable conditions for investment and business activity, with the ultimate goal of improving the prosperity of all citizens,” Keravnos concluded.
(Source: CNA)
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