Breaking news

Cyprus Issues €5 Commemorative Coin For EU Council Presidency

Commemorative Coin Highlights Cyprus’ European Role

The Central Bank of Cyprus issued a €5 silver collector coin titled “Rigaina’s Castles” to mark Cyprus’ presidency of the Council of the European Union in the first half of 2026. The release forms part of the country’s broader programme linked to its upcoming EU role.

Design And Symbolism

Dated 2026 and produced in proof quality, the coin draws on the myth of Rigaina’s Castles, according to the Press and Information Office. Its design also incorporates the official logo of Cyprus’ EU Council presidency, featuring a stylised sun associated with the island.

Craftsmanship And Limited Edition Status

Greek artist George Stamatopoulos designed the coin, which was produced at the Bank of Greece printing works. The issue is limited to 2,000 pieces, each with a nominal value of €5 and a retail price of €65. Each coin has a diameter of 38.61 mm and weighs 28.28 grams. It is made from an alloy containing 92.5% silver and 7.5% copper.

Structured Release And Sales Process

Distribution will take place in two phases. The first runs from March 16 to April 8, 2026, and includes professional dealers, organisations and individual buyers.

From April 15, 2026, sales will continue through Central Bank counters on a first-come, first-served basis. Purchase limits will apply during both phases to manage distribution.

Payment And Application Details

Professional dealers are required to submit applications online and complete registration procedures. Card payments are accepted for online purchases, while both cash and cards are available at physical counters.

Legacy And Future Implications

The release is part of Cyprus’ commemorative programme linked to its EU Council presidency. It reflects cultural references alongside the country’s institutional role within the European Union.

MENA Venture Capital Stable As International Investor Activity Shifts

A Data-Led Analysis Of Investor Behavior In A War-Affected Region

Venture capital activity in the Middle East and North Africa remained relatively stable one month after the escalation of regional conflict. Early data, however, indicate changes in investor behavior rather than immediate shifts in funding totals. Initial signals are visible in investor participation, capital allocation, and deal pipeline activity.

Venture Markets And The Lag In Response

Funding announcements reflect decisions made months earlier, meaning that today’s figures do not capture the full impact of current events. Investors typically adjust strategies gradually, signaling future shifts long before they are immediately visible in total funding numbers.

International Capital As The Key Pressure Indicator

Participation of international investors remains a key indicator across the MENA venture market. Global capital has historically accounted for a significant share of funding in the region. Following global interest rate increases, international participation declined through 2023. This shift was reflected in lower cross-border deal activity, more cautious capital deployment, and longer fundraising timelines.

Implications For The Broader Startup Ecosystem

Changes in international investor activity affect multiple parts of the startup ecosystem. A recovery in participation was recorded in 2024 and continued into 2025, supporting funding activity and cross-border investment. If uncertainty persists, potential effects include slower investment decisions, reduced cross-border engagement, and extended fundraising cycles. International capital also plays a role in supporting larger funding rounds and access to global networks.

Next Steps For Stakeholders

International capital represents one of several factors shaping venture activity in the region. Its movement often precedes changes in late-stage funding, startup formation, and exit activity. Investors, policymakers, and ecosystem participants rely on data and scenario analysis to assess these trends and adjust strategies.

For A Deeper Insight

Further analysis on venture activity, capital flows, and geopolitical impact across the region is available in the full MAGNiTT report.

The Future Forbes Realty Global Properties
eCredo
Aretilaw firm
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter