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Economy · Cyprus
Cyprus achieves significant reduction in public debt to 54.6% of GDP
2 sourcesFirst reported 17 hours agoUpdated 14 hours ago
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What all sources covered
- Cyprus achieved a significant reduction in its government debt ratio, decreasing to 54.6% of GDP in the first quarter of 2026.
- This marks one of the largest annual declines in debt levels among European Union countries.
- According to Eurostat data, this is the second-largest annual debt reduction for Cyprus.
- While Cyprus' debt levels decreased, overall debt levels rose in both the euro area and across the EU.
2 sources
Who reported first
PolitisFirst
Cyprus Mail+3h
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