Cyprus, Greece, Israel and the US agreed to develop a joint roadmap for future energy cooperation

Macro/Political:

• Greek PDMA announced bond auction scheduled for June 17, 2026 will not take place.
  Source: PDMA

Macro/Political:

• Cyprus, Greece, Israel, and the United States established the Eastern Mediterranean Centre in Houston on Friday and agreed to develop a joint roadmap for future energy cooperation. The agreement was reached during talks involving Energy Minister Michael Damianos, Greek Energy Minister Stavros Papastavrou, Israeli Ambassador Yechiel Leiter, and U.S. Energy Secretary Chris Wright. According to a joint statement, the four countries will begin a series of working-group meetings in the coming months to prepare a roadmap outlining objectives and actions in areas such as energy security, offshore natural gas development, infrastructure, innovation, and research.
  Source: Cyprus Mail

• In February 2026, the number of building permits authorized by the municipal authorities in Cyprus stood at 711.During the period January-February 2026, 1500, building permits were issued compared to 1008 in the corresponding period of the previous year, recording an increase of 48.8%.

  Source: CyStat

• Data published by the CBC showed that in March 2026 the non-performing loans (aggregate data for all credit institutions) in Cyprus increased marginally by EUR 2.4mn (m-o-m) to EUR 835.1mn (NPL ratio at 1.6%) from EUR 832.7mn (NPL ratio at 1.6%) in February 2026.
  Source: CBC