GREECE
Macro/Political:
- Bloomberg, citing a person familiar with the matter, reported that Greece plans to raise as much as around €8 bn from bond markets in 2026, keeping issuance limited to prioritize paying down debt. One of the new issuances for 2026 will be a 10-year bond, the person said. While Greece’s cash buffer currently stands at around €46 billion, it is expected to shrink by the end of the year to around €36 billion, similar to its level at the end of 2024, the person added.
Source: Bloomberg
Markets:
- Intralot announced that during the meeting of its Board of Directors Mr Robenson Madela Reeves was elected as a new CEO of the company in replacement of the resigned member Mr Konstantinos Farris.
Source: ATHEX
CYPRUS
Macro/Political:
- The Cypriot Minister of Energy, George Papanastasiou, will be in Brussels today to meet with EU Energy Commissioner Dan Jørgensen and the Greek Minister of Energy, Stavros Papastavrou. The main purpose of the meeting is to evaluate the overall progress of the Greece–Cyprus electricity interconnection project and to plan the next steps.
Source: Ministry of Energy
