Cyprus posts €567 million first-quarter surplus

Cyprus recorded a general government surplus of €567.10 million in the first quarter of 2026, as public revenue continued to rise despite a faster increase in government expenditure, according to preliminary figures released by the Cyprus Statistical Service (Cystat).

The latest data also show that Cyprus remained one of the few European Union countries to record a budget surplus, with Eurostat reporting a seasonally adjusted surplus equivalent to 0.4 per cent of GDP in the first quarter of...