GREECE
Macro/Political:
- The IMF, in its October World Economic Outlook, expects Greece’s growth to be 1.8% in both 2026 and 2027, down from 2.1% in 2025. Furthermore, inflation is projected to rise to 4.2% in 2026 from 2.9% in 2025, before easing to 3.6% in 2027. Unemployment is expected to fall to 8.0% in 2026 from 8.9% in 2025 and drop further to 7.6% in 2027. The current account deficit is projected to widen to 6.6% of GDP in 2026 from 5.7% in 2025, before narrowing to 5.9% of GDP in 2027.
Source: IMF
Markets:
- Aktor Holdings S.A. announced that, following the signing of an MoU with Evropi Holdings S.A. on 14 August for the purchase of a real estate complex, it signed the final agreement on 9 October 2026 for the acquisition of the complex located in Peania, Attica, for a total amount of EUR 45.55mn.
Source: Euronext Athens - Titan announced a strategic minority investment in Command Alkon, a leading tech platform serving the buildings materials industry, specializing in software solutions to manage production, dispatch, logistics, materials and commercial workflows in ready mix, aggregates and asphalt businesses across thousands of plants worldwide.
According to the announcement this investment is aligned to TITAN’s Forward 2029 strategy, reflects TITAN’s ambition, and reinforces the Group’s commitment to accelerate digital transformation, operational excellence, and innovation across its global readymix concrete and aggregates businesses.
Source: Euronext Athens
CYPRUS
Macro/Political:
- The IMF, in its October World Economic Outlook, expects Cyprus’s growth to slow to 2.9% in 2026 from 3.8% in 2025, before picking up to 3.2% in 2027. Furthermore, inflation is projected to rise to 3.7% in 2026 from 0.8% in 2025, before easing to 1.9% in 2027. Unemployment is expected to fall to 4.0% in 2026 from 4.4% in 2025, before returning to 4.4% in 2027. The current account deficit is projected to widen to 7.7% of GDP in 2026 from 6.4% in 2025, and to remain at 7.7% of GDP in 2027.
Source: IMF - Provisional data released by CyStat showed that in the period of January – August 2026 the trade balance was in deficit of EUR 6,330.3mn compared to a deficit of EUR 5,483.5mn in the corresponding period of 2025. Total imports of goods in August amounted to EUR 1,324.1mn (14.9% y-o-y) while total exports were EUR 643.5mn (17.9% y-o-y).
Source: CyStat
- Cyprus President Nikos Christodoulides will meet today with Turkish Cypriot leader Tufan Erhürman. The meeting will take place at the UN offices at the site of the old Nicosia Airport. In statements yesterday, President Christodoulides said, among other things, that the two sides are working to turn the window of opportunity into a resumption of negotiations. Regarding today’s meeting, he added that it had been scheduled following an initiative by the Cyprus government to discuss how they can achieve the resumption of talks from where they were interrupted in 2017.
Source: StockWatch
