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Encouraging 2026 Bookings And Strategic Tourism Upgrades Under Deputy Minister Koumis

Strong Early Bookings Signal Robust Growth

Deputy Minister of Tourism, Konstantinos Koumis, announced that the initial booking figures for 2026 are exceptionally promising. While he celebrated these early successes, the Deputy Minister stressed that the ultimate objective is to ensure that every visitor departs with a gratifying experience.

Strategic Collaboration With Regional Leaders

During a meeting held on Monday at the Cultural Centre “Giorgos Seferis” in Agia Napa, regional authorities and tourism stakeholders from the community of Ammochostos convened to address challenges and evaluate initiatives crucial to the area’s tourism sector. Accompanied by both local mayors and representatives from key tourism organizations, the discussion centered on the competitive strengths of enduring destinations such as Agia Napa and Protaras.

Addressing Challenges And Emphasizing Sustainability

Deputy Minister Koumis noted that the session provided an opportunity to assess the benefits and shortcomings of various tourist destinations, particularly in the face of looming challenges such as climate change. In a dynamic industry where trends evolve rapidly, the Ministry’s emphasis on timely measures and coordinated action between local authorities and the private sector remains pivotal for maintaining international competitiveness.

Investments In Tourism Infrastructure And Quality Service

Koumis underlined the government’s commitment to elevating the nation’s tourism offerings through significant investments in infrastructure and sustainability initiatives. From expanding green spaces and integrating historical narratives into modern projects to installing public art and establishing new landmarks, every step is designed to enhance both the visitor experience and the destination’s profile.

Outlook For 2026 And Beyond

Looking ahead, Koumis expressed confidence in the enduring appeal of Cyprus as a top-tier tourist destination. Currently, the booking pace for 2026 remains high, reinforcing the importance of not only attracting visitors but also ensuring their lasting satisfaction. As local mayors like Christos Zannettou from Agia Napa and George Nikolettos from Deryneia have highlighted, ongoing projects and alternative tourism investments are critical to prolonging the tourism season and driving economic recovery.

By fostering robust partnerships and maintaining strategic investments, Cyprus is poised to secure its reputation as a leading destination where quality service and innovative tourism practices go hand in hand. The coordinated efforts of the Ministry, local governments, and business enterprises will ensure that Cyprus not only meets but exceeds international tourism expectations in the coming years.

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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