5 Minute News

Minor Cuts in the 2026 State Budget

December 18, 2025

The Parliament approved 31 amendments regarding the 2026 budget, with only 10.2 million euros cut from a total budget of 13.7 billion. The cuts are almost negligible, representing just 0.078% of the budget. There was also controversy surrounding the Cyprus-Greece electrical interconnection (GSI), with some MPs differing from their party's official stance. Some parties faced pressure to reconsider their positions amid local community reactions. The final vote on certain funding was decided by just one vote.