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Integrated Development Strategy Sparks Unprecedented Tourism Surge In Akamas Villages

Coordinated Vision Transforms Regional Tourism

An initiative linking development and tourism projects across the villages of Akamas is expected to contribute to strong visitor numbers in the region this summer. Announced by President Nikos Christodoulides in early 2024 and implemented last year, the programme aims to strengthen tourism activity while increasing economic benefits for local communities.

A Shift Towards Community-Centric Tourism

Local officials report a growing number of visitors spending time within Akamas communities rather than limiting their visits to beaches and natural attractions. According to stakeholders, the trend is helping direct more tourism activity toward local businesses and community-based attractions across the peninsula.

Leadership Driving Local Prosperity

Speaking to local media, Akamas Deputy Mayor for the Ineia district Giagkos Tsivikos said the initiative was designed to increase the benefits of tourism for residents and businesses in the area. Recent projects completed in Ineia include the Aphrodite thematic route, the Turtles Museum and the renovation of the community centre. Part of the wider development programme, these projects aim to attract visitors while supporting local economic activity.

Long-Term Benefits And Community Empowerment

President Christodoulides has stated that the initiative seeks to address the underutilisation of local assets in Akamas compared with other regions of Cyprus. He noted that the area’s environmental and cultural significance extends beyond the local level and forms part of Cyprus’ broader tourism offering.

Tsivikos said the projects create new opportunities for regional development, adding that local communities play an important role in preserving the area’s natural environment and cultural heritage.

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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