{"id":123601,"date":"2026-04-22T19:59:30","date_gmt":"2026-04-22T16:59:30","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=123601"},"modified":"2026-04-22T19:59:30","modified_gmt":"2026-04-22T16:59:30","slug":"cyprus-achieves-robust-fiscal-surplus-of-e1-24-billion-in-2025","status":"publish","type":"post","link":"https:\/\/www.lamaisonestates.com\/ru\/cyprus-achieves-robust-fiscal-surplus-of-e1-24-billion-in-2025\/","title":{"rendered":"Cyprus achieves robust fiscal surplus of \u20ac1.24 billion in 2025"},"content":{"rendered":"<p data-path-to-node=\"1\">The Republic of Cyprus concluded 2025 with a strong financial performance, posting a fiscal surplus of \u20ac1,241.5 million, equivalent to 3.4% of its GDP. The data, released Wednesday by the Cyprus Statistical Service (Cystat), has been audited and verified under the European Commission\u2019s Excessive Deficit Procedure.<\/p>\n<p data-path-to-node=\"2\">The report also highlights a significant reduction in the relative weight of the national debt, which stood at \u20ac20,078.2 million, representing 55% of the GDP\u2014a key indicator of the country&#8217;s strengthening economic stability.<\/p>\n<h3 data-path-to-node=\"4\"><b data-path-to-node=\"4\" data-index-in-node=\"0\">Revenue Growth: Strong Gains in Income and Transfers<\/b><\/h3>\n<p data-path-to-node=\"5\">Total government revenue reached \u20ac15,921.7 million in 2025, marking a healthy 7.9% increase (\u20ac1,171.4 million) compared to the previous year.<\/p>\n<p data-path-to-node=\"6\"><b data-path-to-node=\"6\" data-index-in-node=\"0\">Key Drivers of Income:<\/b><\/p>\n<ul data-path-to-node=\"7\">\n<li>\n<p data-path-to-node=\"7,0,0\"><b data-path-to-node=\"7,0,0\" data-index-in-node=\"0\">Social Contributions:<\/b> Led the gains with an 8.5% increase, totaling \u20ac4,905.4 million.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"7,1,0\"><b data-path-to-node=\"7,1,0\" data-index-in-node=\"0\">Income &amp; Wealth Taxes:<\/b> Grew by 10% to reach \u20ac4,183.8 million, reflecting a more active economy and higher earnings.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"7,2,0\"><b data-path-to-node=\"7,2,0\" data-index-in-node=\"0\">Service Sales &amp; Property Income:<\/b> Revenue from the sale of goods and services surged by 20.5%, while property income receivable jumped by 30.1%.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"7,3,0\"><b data-path-to-node=\"7,3,0\" data-index-in-node=\"0\">VAT Performance:<\/b> Interestingly, net VAT revenue saw a marginal dip of 0.5%, settling at \u20ac3,153.6 million.<\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"9\"><b data-path-to-node=\"9\" data-index-in-node=\"0\">Expenditure: A Shift Toward Strategic Investment<\/b><\/h3>\n<p data-path-to-node=\"10\">Government spending also saw an upward trend, rising by 10.3% to a total of \u20ac14,680.2 million. However, the structure of this spending indicates a pivot toward long-term development.<\/p>\n<p data-path-to-node=\"11\"><b data-path-to-node=\"11\" data-index-in-node=\"0\">Expenditure Highlights:<\/b><\/p>\n<ul data-path-to-node=\"12\">\n<li>\n<p data-path-to-node=\"12,0,0\"><b data-path-to-node=\"12,0,0\" data-index-in-node=\"0\">Capital Investments:<\/b> The standout figure was a 45.1% surge in capital expenditure, totaling \u20ac1,749.5 million, as the state prioritized infrastructure and gross capital formation.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"12,1,0\"><b data-path-to-node=\"12,1,0\" data-index-in-node=\"0\">Social Transfers:<\/b> Increased by \u20ac355.7 million (6.7%), reaching \u20ac5,659.4 million, to support the national welfare system.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"12,2,0\"><b data-path-to-node=\"12,2,0\" data-index-in-node=\"0\">Public Sector Payroll:<\/b> Compensation for employees rose by 7.3% to \u20ac4,160.7 million.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"12,3,0\"><b data-path-to-node=\"12,3,0\" data-index-in-node=\"0\">Debt Servicing:<\/b> In a positive move for the budget, property income payable (interest on debt) decreased by 4%, saving the state \u20ac17.2 million.<\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"14\"><b data-path-to-node=\"14\" data-index-in-node=\"0\">A Leaner, More Efficient State<\/b><\/h3>\n<p data-path-to-node=\"15\">The data reflects a government that is successfully balancing increased social and payroll costs with significant infrastructure investment, all while maintaining a healthy surplus. The reduction in subsidies (-14.4%) and the decrease in interest payments suggest a more streamlined approach to fiscal management as Cyprus continues to outperform its Eurozone peers in debt reduction.<\/p>\n<p data-path-to-node=\"15\"><em>Source: Stockwatch.com.cy<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The Republic of Cyprus concluded 2025 with a strong financial performance, posting a fiscal surplus of \u20ac1,241.5 million, equivalent to 3.4% of its GDP. The data, released Wednesday by the Cyprus Statistical Service (Cystat), has been audited and verified under the European Commission\u2019s Excessive Deficit Procedure. The report also highlights a significant reduction in the [&hellip;]<\/p>","protected":false},"author":9,"featured_media":123602,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/123601"}],"collection":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/comments?post=123601"}],"version-history":[{"count":2,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/123601\/revisions"}],"predecessor-version":[{"id":123604,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/posts\/123601\/revisions\/123604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media\/123602"}],"wp:attachment":[{"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/media?parent=123601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/categories?post=123601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lamaisonestates.com\/ru\/wp-json\/wp\/v2\/tags?post=123601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}