{"id":50869,"date":"2025-04-26T01:32:09","date_gmt":"2025-04-26T01:32:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/50869\/"},"modified":"2025-04-26T01:32:09","modified_gmt":"2025-04-26T01:32:09","slug":"cyprus-posts-second-highest-surplus-in-eu","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/50869\/","title":{"rendered":"Cyprus posts second-highest surplus in EU"},"content":{"rendered":"<p>                            <img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/cyprus_eu_flags_web.jpg\" alt=\"Cyprus posts second-highest surplus in EU\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/cyprus_eu_flags_web.jpg\"\/><\/p>\n<p>Cyprus has posted the second-largest government surplus in the European Union for 2024, tying with Ireland and just behind Denmark, according to new data released by Eurostat this week.<\/p>\n<p>While most EU countries ran budget deficits last year, Cyprus stood out with a strong surplus of 4.3% of its GDP. Only Denmark did better, with a surplus of 4.5%. Ireland also matched Cyprus at 4.3%, while Greece, Luxembourg, and Portugal followed at lower levels.<\/p>\n<p>Cyprus\u2019 fiscal performance in 2024 marks a strong turnaround, highlighting both tight financial management and economic resilience amid wider European challenges.<\/p>\n<p>Cyprus also made progress on reducing its public debt. By the end of 2024, the island\u2019s debt fell to 65% of GDP \u2013 down from 73.6% the year before. That translates to a drop from 23.1 billion euros to \u20ac21.8 billion.<\/p>\n<p>Across the eurozone, average government debt crept up slightly to 87.4% of GDP, while the EU overall saw an increase to 81%. A dozen EU countries still carry debt levels above 60% of GDP. At the other end, Estonia recorded the lowest debt at 23.6%, followed by Bulgaria, Luxembourg, and Denmark, according to Eurostat.<\/p>\n","protected":false},"excerpt":{"rendered":"Cyprus has posted the second-largest government surplus in the European Union for 2024, tying with Ireland and just&hellip;\n","protected":false},"author":2,"featured_media":50870,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[8612,1700,2000,299,5187,1699,474],"class_list":{"0":"post-50869","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-cyprus","9":"tag-economy","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-european-union","14":"tag-finance"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114401689183649885","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/50869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=50869"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/50869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/50870"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=50869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=50869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=50869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}