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Cyprus vote tests establishment as corruption drives support for newcomers

Published by Global Banking & Finance Review

Posted on May 21, 2026

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· Last updated: May 21, 2026

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Cyprus Parliamentary Elections 2024: Corruption Sparks Support for Newcomers

Overview of the 2024 Cyprus Parliamentary Elections

By Michele Kambas and Yiannis Kourtoglou

NICOSIA, May 21 (Reuters) - Cyprus votes on Sunday in parliamentary elections which could reshape the island's political landscape, as frustration over corruption and the rising cost of living boosts support for political newcomers.

Although executive power in Cyprus rests with the presidency, a stronger showing for political outsiders could fragment the parliament and complicate efforts to support government initiatives.

Political Landscape and Emerging Parties

Opinion polls suggest reformist movement ALMA and liberal Volt could enter parliament for the first time, while the far-right ELAM is also forecast to gain ground, potentially becoming the third largest in the 56-seat legislature - a shift that would end decades of dominance by the Communist AKEL and right-wing DISY parties.

Such gains could erode support for at least two of the three parties that backed President Nikos Christodoulides' election in 2023, providing the first nationwide test of public sentiment midway through his term.

Public Sentiment and Corruption Scandals

Public confidence has been rattled in recent years by a cash-for-passports scandal involving wealthy foreign investors, as well as delays to energy infrastructure projects that have left Cypriots with some of Europe's highest electricity bills. 

"It's going to be a vote of protest towards established parties which will also, to an extent, be directed towards the government," said political analyst Christoforos Christoforou.

Newcomers Benefit from Voter Discontent

NEWCOMERS BENEFIT

A record 753 candidates from more than 18 parties are in the running. The outgoing parliament had seven parties represented.

ALMA: Anti-Corruption and Institutional Reform

Odysseas Michaelides, a former auditor general who founded ALMA after being removed from office in 2024 — a move he says followed repeated questions he raised about public spending — said voters are disappointed with the political system as a whole. 

Polls show ALMA on around 8% to 10%, as it campaigns on tighter anti-corruption safeguards and reforms to state institutions.

Volt Cyprus: Pro-European Movement Gaining Ground

Volt Cyprus, a pro-European movement polling above the 3.6% threshold for entering parliament, says many voters feel alienated by corruption and lack of accountability. Co-chair Andromachi Sophocleous described it as the effect of living in a "dysfunctional state".    "We feel that the public is completely fed up with politics not bringing any improvement to their lives," she told Reuters.    

(Writing by Michele Kambas; Editing by Chiara Rodriquez)

Key Takeaways

  • Voter dissatisfaction over scandals like 'cash‑for‑passports' and high electricity bills is driving protest support toward reformist newcomers ALMA (8–10%) and Volt (near or above threshold), while the far‑right ELAM rises to third place, potentially fracturing the 56‑seat parliament (marketscreener.com).
  • Opinion polls show DISY and AKEL neck‑and‑neck (around 18–22%), with waves of late swing and undecided voters—totaling ~20%—suggesting a highly volatile outcome (in-cyprus.philenews.com).
  • With over 753 candidates from more than 15 parties, including many new entrants, fragmentation will likely challenge the governing coalition and complicate efforts to advance President Christodoulides’ agenda into the remainder of his term (marketscreener.com).

References

Frequently Asked Questions

Which new parties are expected to enter Cyprus's parliament?
Reformist ALMA and liberal Volt are expected to enter parliament for the first time, reflecting growing support for political outsiders.
What are some main issues driving voter sentiment in Cyprus?
Key issues include government corruption, high electricity bills, and delays to energy projects, leading to public dissatisfaction.

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