The Cypriot economy expanded by a robust 3.3% in the second quarter of 2025, a growth rate more than double the European average, prompting the Ministry of Finance to declare it a confirmation of the nation’s economic resilience.<\/p>\n
A flash estimate released on Thursday by the Cyprus Statistical Service showed the year-on-year growth for April to June 2025 at 3.3%, based on seasonally adjusted data. The economy also grew by 0.5% compared to the previous quarter, bringing the estimated growth for the entire first half of 2025 to 3.2%.<\/p>\n
According to corresponding data from Eurostat, Cyprus’s performance significantly outstrips that of its European partners. The 3.3% growth rate is substantially higher than the 1.4% average for the Eurozone and the 1.5% average for the European Union as a whole.<\/p>\n
In a written statement, the Ministry of Finance said these figures prove the economy’s strength. “These figures once again confirm that the Cypriot economy, in a period of increased uncertainty, mainly due to geopolitical developments, continues to record relatively high growth rates,” the ministry noted.<\/p>\n
The government attributed this stability to its forward-looking strategy. The ministry stated that its commitment to “prudent and disciplined fiscal policy” and the implementation of the national Recovery and Resilience Plan are essential. This approach, it said, will fortify the economy against external shocks and provide the foundation to address long-term domestic challenges such as energy security, climate change, and demographic policy.<\/p>\n
Source: stockwatch.com.cy<\/i><\/p>","protected":false},"excerpt":{"rendered":"
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