GREECE
Macro/Political:
- The annual growth rate of total credit extended to the domestic economy increased to 5.0% in June 2026, from 4.6% in the previous month. The annual growth rate of total deposits increased to 8.8% in June from 8.1% in the previous month. The monthly net flow of total credit was positive by EUR 8,575mn in June 2026, compared with a positive by EUR 1,644mn in the previous month. The monthly net flow of total deposits was negative by EUR 8,756mn compared with a positive net flow of EUR 5,063mn in the previous month.
Source: BoG
Markets:
- Aktor raised EUR 300mn at a yield of 7.875% (MS + 501.7bps) through the issuance of a 5NC2 bond.
Source: Bloomberg
CYPRUS
Macro/Political:
- UN Secretary-General António Guterres arrived in Cyprus late last night. He is scheduled to meet with Cyprus President Nikos Christodoulides. In a post on X, Guterres said, “I have just arrived in Cyprus to express my commitment to supporting the communities of Cyprus in their efforts to achieve a comprehensive and lasting solution to the Cyprus issue.” He also added that the United Nations “cannot impose peace”, but that “only the Cypriots, through their leaders, can build it.” On Wednesday evening, Guterres will hold a joint meeting with the two leaders at Nicosia Airport before giving a press conference ahead of his departure from Cyprus.
Source: StockWatch
- Total deposits in June 2026 recorded a net increase of EUR 601.2mn, compared with a net increase of EUR 343.8 mn in May 2026. The annual growth rate of total deposits stood at 5%, compared with 5.1% in May 2026. The outstanding amount of total deposits reached EUR 58.7bn. Total loans in June 2026 recorded a net increase of EUR 499.4mn, compared with a net increase of EUR 260.3mn in May 2026. The annual growth rate stood at 11.6%, compared with a net increase of 12.6% in May 2026. The outstanding amount of total loans reached EUR 28,6bn.
Source: CBC
