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Cyprus cabinet approves €11.1bn budget for 2027

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🇨🇾 Cyprus
Event
On 16 Sep 2026 the Cypriot cabinet approves the 2027 state budget of €11.1bn

About €470m more than in 2026; a surplus of 2.8% of GDP (2026: 2.3%), a debt ratio of 46.6% (currently 49.9%) and growth of about 2.9% are expected

Finance Minister Keravnos names fiscal discipline, containing public-sector employment, the green and digital transition and higher defence spending as goals. Parliament is to vote in December 2026 (Cyprus Mail, 16 Sep 2026).

Source: cyprus-mail.com ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

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