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Business · Cyprus
Cyprus records €552.9 million fiscal surplus in early 2026
2 sourcesFirst reported 22 days agoUpdated 22 days ago
Right 100%
2 right-leaning
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What all sources covered
- Cyprus achieved a fiscal surplus of €552.9 million from January to May 2026.
- Total government revenue rose by 4.8%, reaching €6.2 billion compared to the previous year.
- Higher tax revenues, especially from income and wealth taxes, contributed significantly to the surplus.
- Total government expenditure increased by 5.1%, amounting to €5.65 billion in the same period.
2 sources
Who reported first
Cyprus MailFirst
Philenews+3h
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