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Cyprus votes for new parliament with corruption and living costs in focus

Published by Global Banking & Finance Review

Posted on May 24, 2026

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· Last updated: May 24, 2026

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Cyprus Votes for New Parliament as Corruption and Living Costs Dominate Election

Key Issues and Political Landscape in the 2024 Cyprus Parliamentary Election

By Michele Kambas

Overview of the Election

NICOSIA, May 24 (Reuters) - Cypriots went to the polls on Sunday in a parliamentary election expected to deliver gains for anti-corruption campaigners and the far right, while weakening centrist parties that back President Nikos Christodoulides.

In a vote being closely watched for signs of public sentiment ahead of a 2028 presidential election, more than half a million registered voters will elect 56 lawmakers from a record field of 753 candidates. 

Presidential System and Parliamentary Influence

Cyprus has a presidential system of government but Sunday's poll is a gauge of support for Christodoulides, who does not have a party of his own so relies on the backing of others to pass legislation.

Polls close at 1500 GMT, with conclusive voting results expected about two hours later.

Shifts in Political Power

Centrist Parties and Their Challenges

NEWCOMERS SEEN GAINING GROUND

Three centrist parties - Diko, Dipa and EDEK - currently support the president, but the latest opinion polls show weaker voter backing for at least two of them.

Traditional Parties Losing Ground

The island's other traditional political forces, including the right-wing DISY and Communist AKEL parties, have also been losing ground to newer challengers.

Rise of Newcomers and Far-Right Parties

Polls show gains for the far-right ELAM party, as well as for political newcomers ALMA and Volt, which have campaigned on a platform of better accountability and rooting out corruption - an issue that is high on voters' list of priorities.

Potential Post-Election Alliances

Sunday's vote might force Christodoulides to seek support elsewhere, political analysts say, with some suggesting that ELAM and DISY could be possible candidates. Neither Christodoulides nor the two parties have commented on possible post-election alliances.

Socio-Economic Factors Influencing the Vote

Cost of Living and Migration Concerns

The vote took place against a backdrop of persistent cost-of-living pressures, housing affordability concerns and migration, issues that have dominated political debate in the European Union member state during recent months.

(Writing by Michele Kambas;Editing by Helen Popper)

Key Takeaways

  • Cyprus’s May 24, 2026 legislative election was framed as a referendum on corruption, cost‑of‑living pressures and institutional distrust, prompting voter shift toward new and far‑right parties (stockwatch.com.cy)
  • Reform‑oriented newcomers ALMA (founded by ex‑Auditor‑General Odysseas Michaelides) and Volt entered the race with polling suggesting around 6–10% support, while ELAM also gained ground (en.politis.com.cy)
  • The election is seen as a bellwether ahead of the 2028 presidential vote: results likely force President Christodoulides to seek new alliances amid weakened backing from centrist parties, with ELAM and DISY among potential partners (en.wikipedia.org)

References

Frequently Asked Questions

How many lawmakers are Cypriots electing in this parliamentary vote?
Cypriots are electing 56 lawmakers from a record field of 753 candidates.
Which parties currently support President Nikos Christodoulides?
Three centrist parties—Diko, Dipa, and EDEK—currently support the president.

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