Cyprus maintained one of the strongest fiscal positions in the European Union in 2025, according to figures from Eurostat, recording a budget surplus while most member states posted deficits.

Cyprus tourism stakeholders struck a slightly more upbeat note this week after an expanded meeting at the Deputy Ministry of Tourism, saying recent weeks had brought more encouraging signals even as the sector continued to grapple with weaker demand. 

Cyprus is emerging as one of Europe’s fastest-growing innovation hubs. Startups founded on the island are building global products, attracting international investment and expanding into markets far beyond the Mediterranean.