Greece’s trade balance deficit recorded a decrease of 18.8%(y-o-y).

Macro/Political:

The trade balance in August 2025 presented a deficit of EUR 2,100.3 mn compared to a deficit of EUR 2,585.8mn in August 2024, recording a decrease of 18.8%. The total value of imports amounted to EUR 5,450.6mn (-13% y-o-y) while the total value of exports was EUR 3,350.3 mn (-8.9% y-o-y). The deficit of the trade balance, for the 8-month period from January to August 2025 amounted to EUR 21,698.6mn in comparison with EUR 22,150.2 mn for the corresponding period of the year 2024, recording a decrease of 2%.
Source: ELSTAT

Markets:

Intralot announced that on October 8, proceeded with the full repayment including capital, expenses and interest of the Bond Loan dated March 27,2024 in the original aggregate principal amount of EUR 100 mn. The original bondholders’ lenders were Piraeus Bank, NBG, Optima Bank, Attica Bank and Pancreta Bank, with Piraeus Bank acting as the bondholders representative.
Source: ATHEX

Macro/Political:

Cyprus’s Minister of Finance, Makis Keravnos, stated that the relevant legal bills for the country’s upcoming tax reform are expected to be completed within the next few days. His remarks came after a meeting held yesterday afternoon with the General Secretariat of the SEK trade union. Both sides described the discussion as very productive and focused exclusively on the tax reform. Finally, Keravnos added that many clarifications were provided by both the Ministry and SEK’s leadership, which will help all parties move forward and finalise the process in time to submit the tax reform package to Parliament.
Source: Cyprus Mail