Formation of the ALMA political party in Cyprus led by Odysseas Michaelides

The newly formed political entity ALMA, led by former Auditor General Odysseas Michaelides, has emerged in the Cypriot political landscape. The party’s electoral prospects will be tested on May 24, 2026. While supporters and some commentators describe ALMA as a vehicle to address public anger and tackle corruption, critics argue it serves as a personal platform for Michaelides' presidential ambitions. Analysts note that the party currently lacks a detailed public program on key issues such as the Cyprus dispute and economic policy. Supporters claim it acts as a startup designed to channel social frustration into productive political discourse. Conversely, skeptics characterize the party as a populist movement centered entirely on the persona of its founder. The debate continues regarding whether the party represents a genuine reform effort or merely a temporary protest formation.