Cyprus fiscal council warns of medium term economic risks

Outgoing Cyprus Fiscal Council president Michalis Persianis warned on Wednresday that the current positive trajectory of the economy must be supported by a conscious policy aimed at preserving its fundamental strengths.

In his address during the presentation of the annual report for 2025, Persianis stated that while the economy maintains the momentum of the past two years with healthy figures and resilient growth, risks are emerging on the medium-term horizon that could reach a crisis point in...