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Demetris Skourides Represents Cyprus At Key European Science Bodies

Cyprus strengthened its presence in European scientific policymaking through the participation of Chief Scientist for Research, Innovation and Technology Demetris Skourides in meetings held in Austria and Germany focused on evidence-based governance and scientific cooperation.

European Scientific Leadership In Vienna

Held on June 10, 2026, the ESAF Intermediate Meeting in Vienna brought together participants at the Austrian Academy of Sciences to discuss the role of scientific advice in EU policymaking.

Established by the European Commission in 2014, the European Science Advisors Forum (ESAF) promotes the use of scientific evidence in policymaking. Serving as Deputy Chair of ESAF and a member of its Executive Committee, Demetris Skourides participated in discussions on the European Code of Principles for Scientific Advice and approaches aimed at strengthening security and resilience through anticipatory scientific strategies.

Advancing Innovation In Karlsruhe

Following the Vienna meeting, Skourides attended the 139th meeting of the Board of Governors of the European Commission’s Joint Research Centre (JRC) in Karlsruhe on June 11 and 12. Providing independent scientific and technical expertise to EU institutions, the JRC supports policymaking in areas including climate change, public health, nuclear safety and digital technologies. During the meeting, Skourides presented an overview of Cyprus’ achievements in research and innovation during its Presidency of the Council of the European Union and highlighted the country’s contributions to European scientific initiatives.

Charting A Path For Evidence-Based Governance

Discussions in Vienna and Karlsruhe reflected wider European efforts to strengthen the role of scientific evidence in policymaking. Among the issues addressed were the Multiannual Financial Framework for 2028-2034, nuclear safety, EURATOM and cooperation with agencies including FRONTEX. Active participation in these forums allows Cyprus to contribute to policy discussions on research, innovation and resilience at the European level.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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