Cyprus development spending hits €412m by mid-year

Cyprus implemented 25 per cent of its 2026 development budget during the first half of the year, maintaining the same pace as in the corresponding period of 2025 and running above the 22 per cent average recorded over the past decade, according to the state treasury.

Total development expenditure budgeted for 2026 stands at €1.62bn, of which €412.39m had been implemented by the end of June....