Nicosia, Cyprus. Cyprus’ general government recorded a surplus of €119.40 million in the fourth quarter of 2025, up from €94.90 million a year earlier, according to preliminary results published by Cystat. Revenue for the quarter increased to €4.69 billion, Cystat said.
Fiscal results for October to December 2025
Cystat’s preliminary fiscal results, published on Friday, cover the period from October to December 2025 and point to strengthening public finances.
Total revenue during the quarter reached €4.69 billion, an increase of €482.40 million or 11.5 per cent compared with €4.20 billion in the corresponding period of 2024.
Social contributions rose by €79.50 million or 6.2 per cent to €1.36 billion, up from €1.28 billion in the fourth quarter of 2024.
Revenue from taxes on income and wealth increased by €196.90 million or 18.0 per cent to €1.29 billion, compared with €1.09 billion a year earlier.
CITEA warns of rising technology component prices
The Cyprus Information Technology Enterprises Association (CITEA) on Friday warned of sharp increases in RAM prices and other critical technology components following a meeting with Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou.
CITEA said rapid growth in artificial intelligence, along with geopolitical developments and supply chain pressures, has contributed to instability and unpredictable pricing in the technology sector.
The association said the market has reached a “critical turning point”, with companies required to deliver projects under conditions of extreme uncertainty, continuous price increases and reduced predictability.
CITEA said it has taken immediate intervention measures, presenting the scale of the issue and proposals aimed at addressing the situation.
Eurobank to open Mumbai representation office
Eurobank will open its representation office in Mumbai next month, according to chief executive Fokion Karavias, who spoke at a Delphi Forum panel on building geopolitical resilience.
How do you expect the rise in public revenues and technology costs to affect Cyprus’ economy in 2026?
