Cyprus government announced the discovery of 350-meter gas bearing reservoir.

Macro/Political:

• Bank of Greece Governor Yiannis Stournaras stated that Greece is beginning to close the investment gap it previously had compared to the rest of Europe. This year, investments are projected to reach approximately 16% of GDP, up from 11% in 2019. However, he also emphasized that strengthening innovation is essential, as improving productivity is a key priority. Currently, Greece’s median productivity per hour stands at only 56.2% of the European average. This issue stems from the effects of the previous financial crisis, which created a significant investment gap and led to the loss of a substantial portion of the country’s productive age labour force.
  Source: MonoNews
  

Markets:

• Piraeus Bank, further to the announcement of its financial calendar on 6 June, informs the investment community that the announcement of the 1H25 Financial Results will take place on 30 July 2025.
  Source: ATHEX

• Metlen has announced the completion of construction on the Cleve Hill Solar Park, the largest solar park in the United Kingdom. With an installed capacity of 373 MW, the project was developed for Quinbrook Infrastructure Partners, a specialized U.S.-based investment manager focused on low-carbon and renewable energy infrastructure.
  Source: Capital.gr