Economist Tasos Yiasemidis comments on potential AKEL presidential nomination

Economist Tasos Yiasemidis has publicly addressed speculation regarding his potential candidacy for the Presidency of the Republic of Cyprus with the support of the AKEL party. Appearing on the Alpha television network on October 12, 2026, Yiasemidis clarified that no formal discussions have taken place and that there is currently nothing concrete regarding these reports.

During the interview, Yiasemidis emphasized that the presidency is a critical position requiring careful consideration of implementable policies. He stressed the importance of ensuring that positive fiscal indicators translate into tangible improvements for citizens, specifically advocating for reforms in public service and an overall increase in the standard of living. He noted that any potential candidacy would require a clear and transparent fiscal framework.

While Yiasemidis did not confirm or deny future involvement, he maintained a cautious stance, stating that "everything happens in its own time." He indicated that he would be willing to discuss further developments only if actual, formal discussions occur, effectively putting an end to immediate speculation regarding his political trajectory for the upcoming presidential elections.