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Cyprus Cheese Producers Urge Government Action Over Hemorrhagic Fever Risk

by THEFUTURE.TEAM

March 4, 2026

The Cypriot Cheese Producers Association has called on government ministries to introduce immediate preventive measures following recent outbreaks of hemorrhagic fever. According to the association, swift action is necessary to protect public health, safeguard the food supply chain, and prevent potential economic disruptions in the agricultural and dairy sectors.

Strategic Precautions For National Safety

In its official communication, the association stressed the importance of implementing strict preventive protocols, particularly in areas where oversight remains limited. Rising concern within the agricultural sector reflects the potential impact that uncontrolled viral transmission could have on livestock production and the broader dairy industry in Cyprus.

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Targeted Preventative Interventions

Industry representatives proposed several targeted actions aimed at containing the spread of the virus and strengthening biosecurity controls across the island:

Suspension or Temporary Closure of Livestock Units:
Livestock operations located within or near high-risk areas, especially around Pergamos, should temporarily suspend activity or close until they meet required veterinary and biosecurity standards.
Enhanced Border Controls:
Stricter inspections at border crossings and along the Green Line are considered essential to prevent the illegal movement of animals, fodder, or other materials that could carry the virus.
Monitoring At Key Transit Points:
Continuous oversight at critical checkpoints, including the Pergamos crossing, is recommended to address gaps in regulatory supervision and ensure stronger disease-control measures.

Applying The Precautionary Principle

The association noted that the recommendations are based on the precautionary principle and emerging evidence of virus transmission in areas with limited monitoring. Protecting livestock health is seen as essential not only for maintaining domestic production but also for safeguarding the reputation of Cypriot dairy products in international markets.

Call For Coordinated Action

Industry leaders emphasize that coordinated and timely government action will be critical to preventing wider disruptions in the agricultural sector. Effective preventive measures, they argue, would help protect Cyprus’s dairy industry while preserving the stability of one of the country’s key food production chains.

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Bank of Cyprus Upgrade Signals Fresh Optimism For Greek And Cypriot Banks

by THEFUTURE.TEAM

June 26, 2026

Regional Banks Enter A More Favorable Cycle

Bank of Cyprus and Eurobank are well positioned to benefit from a renewed re-rating of Greek and Cypriot bank stocks, according to Cyprus-based investment firm Roemer Capital, which upgraded Bank of Cyprus to a buy rating and reaffirmed its positive view on Eurobank.

The firm cited easing geopolitical tensions, resilient economic growth in Greece and Cyprus, lower funding costs and Greece’s expected transition to developed-market status as the main factors supporting the sector.

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Roemer Capital also lowered its cost of equity assumptions, updated its forecasts following first-quarter 2026 results and extended its valuation horizon to the end of 2027, raising target prices across its banking coverage.

Bank Of Cyprus Gets The Largest Upgrade

Bank of Cyprus received the biggest revision, with Roemer Capital upgrading the stock from hold to buy and setting a target price of €11.10, implying potential total upside of 27%.

The firm highlighted the bank’s strong capital generation, profitability and projected 100% dividend payout, describing it as the strongest capital-return story among the banks under coverage. Roemer Capital maintained its buy rating on Eurobank, assigning a target price of €4.90 and forecasting potential upside of 28%. The report said the bank is well placed to benefit from loan growth, improving operating performance and merger-and-acquisition synergies.

National Bank of Greece and Piraeus Bank also retained buy ratings, with expected returns ranging from 25% to 36%. Optima Bank was upgraded to buy, while Alpha Bank remained at hold on valuation grounds.

Why Growth Still Sets The Region Apart

According to Roemer Capital, Greek and Cypriot banks continue to benefit from stronger economic fundamentals than many western European peers. The report pointed to faster economic growth, healthier balance sheets, low levels of non-performing exposures, capital ratios approaching 20% and strong customer deposit bases.

Analysts expect performing loans across the sector to grow at a compound annual rate of 6% to 8% through 2028, supported by private investment, digitalisation, green manufacturing, supply-chain expansion and a gradual recovery in household lending.

The report also said the conclusion of lending under the EU Recovery and Resilience Facility is unlikely to materially affect credit growth, as banks have already shifted back towards traditional commercial lending. Roemer Capital expects Euribor to remain between 2.2% and 2.5%, a level it believes should support both lending activity and net interest margins.

Geopolitics, Valuation And Market Structure Support The Case

The report said improving geopolitical conditions have strengthened the investment outlook, noting that Brent crude prices have largely returned to pre-war levels while Greek government bond yields have stabilised at around 3.5%. Although geopolitical risks remain, Roemer Capital believes the likelihood of a major inflationary shock or significant pressure on bank profitability has eased.

Another important catalyst identified by the firm is Greece’s expected promotion to developed-market status by FTSE Russell, STOXX and MSCI over the coming months.

According to the report, the reclassification should improve liquidity and attract a broader base of international investors. Roemer Capital also said Euronext’s acquisition of the Athens Exchange is expected to strengthen market infrastructure and increase international visibility, particularly for Bank of Cyprus and Optima Bank.

The firm noted that Bank of Cyprus has already benefited from its Athens listing, with average daily trading value increasing from less than €400,000 before its September 2024 move to nearly €6 million afterwards.

Economic Momentum Remains A Core Tailwind

Roemer Capital said both Greece and Cyprus have moved beyond post-crisis recovery and are now supported by private-sector-led growth. For Cyprus, the report highlighted recent tax reform and efforts to simplify the legal and regulatory framework, while also noting that limited foreign banking competition continues to support domestic lenders.

Overall, Roemer Capital expects Greek and Cypriot banks to remain well-positioned for profitable loan growth over the coming years.