Economic Sentiment in Cyprus increased by 0.8 points (m-o-m) in February

Macro/Political
• Today, Cypriot Finance Minister Makis Keravnos is expected to present the new tax reform framework. According to the press, the framework will focus on three key areas: increasing untaxed income, modifying corporate tax, and implementing changes related to the green transition.
Source: PhileNews

• In February 2025, economic sentiment in Cyprus slightly improved , as the Economic Sentiment Indicator (ECI – CypERC) increased by 0.8 points (m-o-m) and reached 109. The increase was driven by stronger business confidence in all sectors except retail trade.
Source: University of Cyprus