DBRS stated that rising tensions in the Middle East are increasing risks for Greek and Cypriot banks due to their exposure to the shipping and tourism sectors

Macro/Political:

• DBRS noted in a commentary that rising tensions in the Middle East are increasing risks for Greek and Cypriot banks due to their exposure to the shipping and tourism sectors. According to the agency, disruptions in shipping and aviation are raising costs and weighing on freight rates and tourism flows, with Cyprus appearing more vulnerable given its closer geographic proximity to conflict areas. The agency also highlighted that bank credit risks are increasing. However, Greek banks benefit from mitigating factors related to asset-backed, globally oriented shipping finance, while Cypriot banks face more immediate downside risks due to their more concentrated exposure to tourism lending.
  Source: DBRS

Markets:

• Premia Real Estate announced that it will raise EUR 150 mn through a seven-year bond issue. The subscription period for the bond will run from March 31 to April 2, while the yield range set by the company is between 4.10% and 4.40%.
  Source: ATHEX

• According to Bloomberg, Eurobank will redeem its EUR 500 mn senior preferred bond due in 2027 (ISIN: XS2338193019) in whole early on May 5.
  Source: Bloomberg

• GEK Terna will announce FY25 Financial Results on Tuesday 07/04/2026.
  Source: ATHEX

Macro/Political:

• In January 2026, the Industrial Production Index reached 109,5 recording an increase of 3.7% compared to January 2025.
  Source: CyStat

• President of Cyprus, Mr. Nikos Christodoulides, and Turkish Cypriot leader, Mr. Tufan Erhurman, have agreed to meet on Monday, 6 April, in a United Nations–protected area. Mr. Khassim Diagne, a representative of the UN Secretary-General, will be present at the meeting.
  Source: StockWatch