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3h ago

Cabinet approves €11.16bn budget for 2027, surplus set to widen

Cyprus’s Council of Ministers approved a €11.16 billion state budget for 2027 on Wednesday, not including debt-servicing costs, alongside the Medium-Term Fiscal Framework for 2027-2029. The fiscal surplus is forecast to widen to 2.8% of GDP next year, up from 2.3% in 2026, while…

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