Cyprus tourist arrivals fell by 30.7% y-o-y in March

Macro/Political:

On Wednesday (22/04), Greece will auction 26 Weeks T-Bills with maturity October 23, 2026. The amount to be auctioned is EUR 400mn.
Source: PDMA

Athens Stock Exchange decided among others and change its name from HELLENIC EXCHANGES-ATHENS STOCK EXCHANGE S.A.” with the trade name “ATHENS STOCK EXCHANGE” to “EURONEXT ATHENS HOLDING S.A.” with the trade name “EURONEXT ATHENS”.
Source: Euronext Athens

Markets:

Evoke Plc confirmed discussions with Bally’s Intralot regarding a potential offer for the entire issued share capital at 50 pence per share, comprising an all-share combination with a partial cash alternative. Bally’s Intralot has confirmed to the Company that it will, by no later than 5 pm on 18 May 2026, being 28 days after the date to this announcement, either announced its intention to make an offer or that it doesn’t intend to make an offer.
Source: Evoke plc

Macro/Political:

Data published by the CBC showed that in January 2026 the non-performing loans (aggregate data for all credit institutions) in Cyprus decreased marginally by EUR 3,69mn (m-o-m) to EUR 830,8mn (NPL ratio at 1.6%) from EUR 834,5mn (NPL ratio at 1.6%) in December 2025.
Source: CBC

The arrivals of tourists reached 139,198 in March 2026 compared to 200,736 in March 2025, recording a decrease of 30.7%. For the period of January – March 2026, arrivals of tourists totalled 407,339 compared to 446,596 in the corresponding period of 2025, recording a decrease of 8.8%.
Source: CyStat

Cyprus Parliament has voted to extend provisions allowing a reduced 5% VAT rate on the purchase or construction of a primary residence until the end of 2026, while introducing the Tax Commission to handle approvals in a bid to head off potential action by the European Commission. The decision came after Parliament initially attempted to push through an extension until June 2027 through emergency procedures, only for the Finance Ministry to warn that the European Commission must first be notified, as the measure affects the relevant EU Directive.
Source: PhileNews