Preliminary Eurostat data show EU GDP rose 0.5% and euro area GDP 0.4% in the third quarter of 2026, slower than in the second quarter, while annual growth edged up. Nicosia, Cyprus. Cyprus’ recent economic expansion and strong fiscal results come as growth moderates across the European Union, where GDP rose by 0.5 per cent in the third quarter of 2026, according to preliminary Eurostat figures. Between July and September, the euro area economy expanded by 0.4 per cent, while the EU as a whole grew by 0.5 per cent against the preceding quarter. This marks a deceleration from the second quarter, when GDP rose by 0.6 per cent in the euro area and 0.7 per cent in the EU. Growth measured against the same period of 2025 strengthened slightly.
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