Cyprus is led by President Nicos Christodoulides since February 2023. The economy shows moderate growth with GDP up 0.8% in Q2 2026 (Eurostat), but inflation rose to 5.2% in September 2026 and unemployment to 4.1% in August 2026. Government debt is stable at 54.6% of GDP in Q1 2026, while bond yields and spreads are slightly rising.