Cyprus Business Now: CBC, real estate sales, BoC shares, gov surplus, retail

Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday.

The surplus represents 1.6 per cent of GDP and marks a slight increase from the €575.7 million surplus (1.7 per cent of GDP) recorded during the same period in 2024.

Total government revenue for January to March 2025 rose to €3.62 billion,