Chief Scientist Advocates Transformative Leadership To Close The Gender Gap

by THEFUTURE.TEAM

March 25, 2026

Empowering Change At The Women Who Built Europe Summit

Cyprus presented its approach to inclusive innovation at the Women Who Built Europe summit in Brussels, highlighting the work of 35 women from government, business and technology. Chief Scientist Demetris Skourides said closing the gender gap in research and innovation requires a shift in how leadership is approached, with a stronger focus on inclusion.

Structural And Cultural Shifts For Inclusive Growth

Speaking during a fireside chat at the Council of the European Union, Skourides said progress depends on both policy changes and broader cultural shifts. He pointed to the importance of collaboration across teams and sectors, noting that changing perceptions is as important as introducing new measures.

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Policy Initiatives And Notable Achievements

Skourides outlined several initiatives led by the Research and Innovation Foundation (RIF) to support women in science and research. Between 2023 and 2025, the foundation launched 90 calls for proposals with a total budget of €100 million. These programmes created 739 jobs in research and innovation, including 209 roles filled by women. Female participation in leadership has also increased. Women led 61.16% of submitted proposals, while 76.4% of funded projects were coordinated by women.

Reinforcing Cyprus’ Role In STEM And Global Innovation

Cyprus’ national agenda reflects a strategic commitment to gender equality across all sectors. Women now represent 42.3% of participants in science, engineering, and STEM, 29.3% in ICT, and 37% of the cabinet, bolstered by initiatives such as Women for Tech and Women for Cyber. The summit also drew influential voices, including European Parliament member Tsvetelina Penkova and EU Female Founders president Monika Stanisheva, exemplifying the robust network of female leadership.

Historical Impact And A Vision For The Future

Skourides placed Cyprus’ advancements in a broader historical context, recalling over two centuries of female influence in shaping technological fields from programming languages to quantum technologies. He invoked the legacies of pioneers such as Ada Lovelace and Parisa Tabriz to illustrate the enduring impact of women in technology. Additionally, he addressed the performance-funding paradox by referencing research that demonstrates up to a 35% higher return on investment for companies led by women, further substantiated by leadership traits observed in Fortune 500 firms.

Leading By Example At Home And Abroad

The Cypriot delegation highlighted 35 women across different sectors, including public service, technology and healthcare. Their work reflects a broader shift toward more inclusive leadership and serves as a reference point for future initiatives.

Call To Action For A Future Of Inclusive Leadership

Skourides said progress will depend on strengthening networks, sharing experience and building partnerships at an international level. He encouraged women to take on leadership roles and contribute actively to shaping the future of innovation.

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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.

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