
Cyprus’ public debt is expected to fall close to 50 per cent of GDP by the end of 2025, well ahead of earlier targets that foresaw a drop below 60 per cent by end-2026, Finance Minister Makis Keravnos said on Wednesday after the council of ministers meeting.
Referring to the EU’s 2025 European Semester Spring Package assessment for Cyprus, he said the report acknowledges that economic growth remains strong despite