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Eurobank Calls For Greater Investment In Cyprus Healthcare Sector

Eurobank Wholesale Banking General Manager Phivos Stasopoulos said sustained investment and access to capital are essential to the development of Cyprus’ healthcare system.

Speaking at a healthcare sector event, Stasopoulos said banks can play a broader role than traditional lending by supporting growth, innovation and investment across the sector.

Healthcare Investment Expands With Gesy

Eurobank said Cyprus’ healthcare sector has become more dynamic in recent years, with the General Healthcare System (Gesy) acting as a major catalyst.

Private investment, new infrastructure and growing investor interest are creating opportunities for further expansion. Stasopoulos said the key issue is how capital is deployed into projects and business models that create value for patients, investors and the wider economy.

“A modern healthcare system cannot evolve without investment and access to capital,” Stasopoulos said.

Scale And Governance Shape Growth

Stasopoulos also pointed to increasing consolidation in healthcare, saying greater scale could help providers use technology more efficiently, expand specialist services and strengthen competitiveness.

Eurobank said growth should be supported by clear strategy, strong corporate governance and sustainable operating models. Providers also face pressure from regulation, margins and the need for continued technology investment.

Cyprus Targets A Regional Healthcare Role

Eurobank highlighted opportunities for Cyprus to develop as a regional healthcare hub, including medical tourism, rehabilitation, health technology and research.

Stasopoulos said achieving that potential will require cooperation among banks, investors and healthcare providers around long-term investment plans. Eurobank said it remains focused on supporting investments aimed at competitiveness, international expansion and sustainability.

Learn more about Eurobank.

Cyprus Business Electricity Prices Rank Among The EU’s Highest

Electricity prices for a defined group of non-household consumers in Cyprus reached €0.23 per kilowatt-hour in the first half of 2026, placing the country among the most expensive in the EU, according to Eurostat.

The rate matched Italy and exceeded the EU average of €0.18. Ireland recorded the highest price at €0.27 per kilowatt-hour.

The figures cover non-household consumers with annual electricity consumption of between 500 and 2,000 megawatt-hours, rather than all businesses or households.

EU Electricity Prices Continued To Fall

Across the EU, average prices for this consumer group declined by 2% compared with the second half of 2025 and were 5.4% lower year on year.

The lowest rates were recorded in Finland (€0.09 per kWh) and Sweden (€0.12), followed by Denmark, Spain and Portugal, all at €0.13.

Prices Fell In Most Member States

Electricity prices declined year on year in 19 EU countries during the first half of 2026. Luxembourg recorded the largest fall, at 23.8%, followed by Czechia (11.9%) and Greece (11.8%).

Prices increased in eight member states, led by Sweden (18.8%), Finland (18.7%) and Bulgaria (14.2%). Despite the sharp increases, Finland and Sweden continued to have the lowest electricity prices in the bloc.

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