CYPRUS
Cyprus is set to post (another) sizeable primary surplus this year
-- the highest in the EU -- benefitting from macroeconomic and structural tailwinds
Gross public debt is set to fall below the EU threshold of 60% of GDP by end-2025, a year earlier than originally planned
BULGARIA
GDP growth firmed to 3.2 % in H1:25, driven by a rebound in private consumption and recovering investment activity
GDP growth is projected to hover around 3.0% over the forecast horizon, slightly above its long-term potential and double the EU average
Bulgaria set to adopt the euro from January 1, 2026
EGYPT
The economy has been staging strong recovery from the 2023/24 currency crisis, with FY:24/25 GDP growth jumping to 4.4%, slightly below its long-term potential and nearly double the FY:24/25 outcome
Economic recovery is seen maintaining strong momentum in the period ahead, underpinned by a further moderation in inflation and easing financing conditions
APPENDIX:
DETAILED MACROECONOMIC DATA
REGIONAL SNAPSHOT:
MACROECONOMIC INDICATORS
FINANCIAL MARKETS
Countries in Focus in this Issue: Cyprus, Bulgaria and Egypt
Αναδυόμενες Αγορές Νοτιοανατολικής Ευρώπης & Μεσογείου: Δισεβδομαδιαία Επισκόπηση 30 Σεπτεμβρίου - 13 Οκτωβρίου 2025