Cyprus Times

President: Target is Increased Pensions by 2026

Published December 29, 2025, 08:14
President: Target is Increased Pensions by 2026

The President of the Republic, Nikos Christodoulides, has stated his determination to proceed with significant reforms, regardless of the political cost, with the aim of economic growth and improving the lives of citizens. A key priority of the government is pension reform, with the goal of increasing pensions, especially the lowest ones, by 2026. The five main pillars of the government's policy are: a strong and resilient economy, security (including foreign policy, defense, and migration), reforms, transparency and accountability, and improving the daily lives of citizens in areas such as health, education, and housing. The President emphasized the importance of the recent decisions of the Parliament, describing the approval of the education evaluation reform and the tax transformation as a “very good day for Cyprus”. Despite initial doubts, the government's proposals received broad support, which is considered positive for the stability and continuity of the reforms. President Christodoulides clarified that the government will not back down in the face of reactions, especially regarding the evaluation of teachers, and will continue with the same determination to implement the reforms that aim to support the family, the middle class, and young people. The government anticipates a 6% increase in social spending for 2026, allowing for the strengthening of social policy.