Cyprus Stock Exchange: Privatization Expected in 2026

The Chairman of the Cyprus Stock Exchange (CSE), Marinos Christodoulides, stated that the privatization of the CSE is expected to proceed in 2026. The statement was made during a discussion in the Parliamentary Committee on Financial Affairs regarding the CSE's budget for 2026.

Mr. Christodoulides mentioned that the budget is in deficit due to an extraordinary expense of €1.7 million for a voluntary early retirement plan for staff and €400,000 for the welfare fund, within the framework of the privatization.

In 2025, the CSE began operations in the energy sector through an agreement with the Transmission System Operator. It has also invested €500,000 in the Hellenic Energy Exchange since 2018, with dividends of €390,000 to date.

The CSE index increased by 30% in 2025, with an average daily trading volume of €750,000 and a total capitalization of €23.5 billion.

MP Savia Orfanidou stated that a revised bill is expected to attract investors, while MP Andreas Kaukalias inquired about responses from the EU competition authority. Chrysis Pantelidis, a DIKO MP, stressed the need to approve the CSE's budget.

Mr. Christodoulides added that there is communication with the Directorate-General for Competition of the European Commission, the Ministry of Finance, and the State Aid Controller.