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Ministries Presenting Flagship Actions For 2025 State Budget

Government Spokesman Konstantinos Letymbiotis said that during the 12 July Council of Ministers meeting, the Ministries began presenting their flagship actions that will be included in the 2025 state budget.

In statements after the Cabinet meeting, Letymbiotis said it was the second special meeting of the Council of Ministers that took place intending to coordinate the preparation of the state budget for 2025. The first special session of the Council of Ministers for the preparation of the state budget for 2025 took place at the start of last week.

The goal, he added, is for the second annual state budget to clearly capture the vision, but also the essence of the governance programme of President Christodoulides.

Letymbiotis said that each Ministry will present its action programmes – just as they did last year – noting that at the beginning of next year, the President will present, in a special event, the actions that will be implemented in 2025.

Eurobank Plans €1 Billion Investment In AI And Digital Banking By 2028

Eurobank plans to invest about €1 billion in technology from 2025 through 2028, its largest technology investment program to date. The Banking Forward strategy focuses on digital banking, artificial intelligence, customer experience and a “phygital” model combining digital services with face-to-face support.

Digital Banking Dominates Customer Activity

Digital channels already account for 96% of Eurobank transactions, with 61% completed through the Eurobank Mobile App. Among customers aged 35 and under, digital adoption reaches 94%.

Customers make about 574 million annual logins across e/m-banking and more than 1 million digital transactions each day. During the first half of 2026, one in three banking products was acquired digitally.

AI Moves Into Everyday Banking

Eurobank is expanding the use of AI through tools including EVA, its digital customer assistant, and myEVA, an AI-powered voice assistant for employees. The technology is also being applied to mortgage assessments, customer feedback analysis and contractual documents.

The bank’s technology architecture is built around five areas: digital channels, customer experience orchestration, data and AI, core banking, and infrastructure and cloud. About 50% of its applications and digital channels are already cloud-based.

Investment Extends Beyond Technology

The program is intended to reshape how Eurobank operates, combining automation and AI with employee development and human support. The bank says the approach is designed to improve services while maintaining access to face-to-face banking when customers need it.

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