Cyprus was not a target of Drone Strike impacted Akrotiri airfield, says President Christodoulides after a call with UK PM Keir Starmer.

Local Eye

Mar. 2, 2026

GREECE

Macro/Political:

  • The Overall Turnover Index in Retail Trade in December 2025 increased by 6.9% (y-o-y) and increased by 10.3% (m-o-m). The Overall Volume Index in Retail Trade increased by 5.1% (y-o-y) and increased by 10.4% (m-o-m).
    Source: ELSTAT

Markets:

  • NBG’s profit after tax in 4Q25 stood at EUR 280mn compared to EUR 277mn in 3Q25. FY25 net profit stood at EUR 1,259mn versus EUR 1,422mn in FY24. The Bank’s NPE ratio was 2.4% and NPE coverage ratio at 106%. Total Capital ratio and CET1 ratio stood at 21.5% and 18.8% respectively.
    Source: ATHEX

CYPRUS

Macro/Political:

  • According to Government Spokesperson Mr. Konstantinos Letymbiotis, the President of Cyprus, Mr. Nikos Christodoulides, had a telephone conversation with the Prime Minister of the United Kingdom, Mr. Keir Starmer, who clearly confirmed that Cyprus was not a target, following reports that a small drone had impacted the airfield of Akrotiri UK’s RAF base.
    The competent authorities of the Republic of Cyprus are closely monitoring developments and remain in constant coordination in order to maintain a full and accurate picture of the situation.
    At the same time, President Christodoulides also held telephone conversations with the President of the European Council, Mr. Antonio Costa, the President of the European Commission, Ms. Ursula von der Leyen, the President of the French Republic, Mr. Emmanuel Macron, the Prime Minister of the Italian Republic, Ms. Giorgia Meloni, the President of the Republic of Lebanon, Mr. Joseph Aoun; and the Amir of the State of Qatar, Sheikh Tamim bin Hamad Al Thani, in the context of exchanging information and coordinating on developments in the wider region.
    Source: gov.cy