Politis

President of Cyprus Announces Pension Reform as Next Major Goal

Published December 29, 2025, 08:25
President of Cyprus Announces Pension Reform as Next Major Goal

The President of Cyprus, Nikos Christodoulides, has stated his determination to proceed with significant reforms, with a focus on pension reform, aiming to increase pensions, especially for low-income pensioners, by 2026. He emphasizes the importance of economic growth and responsible fiscal policy to strengthen social policy. Social spending has already increased and is projected to increase further in 2026. Additionally, the government is investing in education and healthcare, with the goal of improving the daily lives of citizens. President Christodoulides highlights the broad support received for recent reforms in Parliament, despite initial reactions, and commits to continuing the reforms with the same determination.