{"id":120526,"date":"2025-11-15T17:18:44","date_gmt":"2025-11-15T15:18:44","guid":{"rendered":"https:\/\/www.lamaisonestates.com\/?p=120526"},"modified":"2025-11-15T17:18:44","modified_gmt":"2025-11-15T15:18:44","slug":"cyprus-economy-defies-global-uncertainty-confirms-3-6-growth-in-q3-2025","status":"publish","type":"post","link":"https:\/\/lamaisonestates.com\/he\/cyprus-economy-defies-global-uncertainty-confirms-3-6-growth-in-q3-2025\/","title":{"rendered":"Cyprus Economy Defies Global Uncertainty, Confirms 3.6% Growth in Q3 2025"},"content":{"rendered":"<p data-path-to-node=\"2\">The dynamism of the Cypriot economy has been officially confirmed by robust third-quarter growth figures, providing a strong signal of stability amidst global turmoil. Finance Minister Makis Keravnos expressed satisfaction with the preliminary estimate from the Statistical Service, which reported a substantial 3.6% growth rate in the third quarter of 2025 compared to the same period in 2024. The economy also expanded by 0.9% compared to the preceding quarter.<\/p>\n<h3><b>Outperforming Europe<\/b><\/h3>\n<p data-path-to-node=\"5\">Minister Keravnos highlighted that Cyprus&#8217;s economic expansion significantly outpaces the European average, underscoring the resilience of the domestic market:<\/p>\n<ul data-path-to-node=\"6\">\n<li>\n<p data-path-to-node=\"6,0,0\">The 3.6% growth rate for Q3 2025 is substantially higher than the averages reported by Eurostat for the currency bloc.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"6,1,0\">The Eurozone recorded an average growth rate of 1.4%.<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"6,2,0\">The wider European Union (EU) registered a 1.6% average growth rate.<\/p>\n<\/li>\n<\/ul>\n<h3><b>Strong Year-to-Date Performance<\/b><\/h3>\n<p data-path-to-node=\"9\">The strong quarterly result has elevated the nation&#8217;s cumulative performance for the year. For the first nine months of 2025, the estimated economic growth rate stands at 3.5%.<\/p>\n<p data-path-to-node=\"10\">This year-to-date figure compares very favorably against the Ministry of Finance&#8217;s own initial 3.2% growth forecast for the entirety of 2025, suggesting the government&#8217;s official estimate may be surpassed.<\/p>\n<p data-path-to-node=\"11\">Keravnos stated that these high growth rates are being achieved in combination with key domestic strengths: zero inflation and conditions of full employment.<\/p>\n<h3><b>Policy for Future Resilience<\/b><\/h3>\n<p data-path-to-node=\"14\">The Minister concluded his statement by attributing the sustained positive momentum to the government&#8217;s economic strategy and pledging continued commitment to prudent management.<\/p>\n<p data-path-to-node=\"15\">He affirmed that the combination of disciplined fiscal policy and the strategic implementation of the National Recovery and Resilience Plan will bolster the economy&#8217;s robustness. This, he noted, is essential to ensure Cyprus\u2014as a small, open economy\u2014can continue its trajectory of high growth.<\/p>\n<p data-path-to-node=\"16\">Source: Stockwatch.com.cy<\/p>","protected":false},"excerpt":{"rendered":"<p>The dynamism of the Cypriot economy has been officially confirmed by robust third-quarter growth figures, providing a strong signal of stability amidst global turmoil. Finance Minister Makis Keravnos expressed satisfaction with the preliminary estimate from the Statistical Service, which reported a substantial 3.6% growth rate in the third quarter of 2025 compared to the same [&hellip;]<\/p>","protected":false},"author":9,"featured_media":120527,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/120526"}],"collection":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/comments?post=120526"}],"version-history":[{"count":1,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/120526\/revisions"}],"predecessor-version":[{"id":120528,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/120526\/revisions\/120528"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media\/120527"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media?parent=120526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/categories?post=120526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/tags?post=120526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}