GREECE
Macro/Political:
- Greece will today auction 26 Weeks T-Bills with maturity August 21, 2026. The amount to be auctioned is EUR 400mn.
Source: PDMA - The Council of the EU on Tuesday gave the final green light to provide financial assistance to eight member states, including Greece, under the SAFE defence initiative. Following Tuesday’s decision, Estonia, Finland, Greece, Italy, Latvia, Lithuania, Poland, and Slovakia will receive a total of EUR 74 bn under the second SAFE assistance package, after the European Commission approved their plans last month.
Source: Kathimerini - According to Deputy Prime Minister Kostis Hatzidakis, the next increase in Greece’s minimum wage will be announced before Easter. The adjustment follows the previous rise from €650 to €880 per month, placing Greece 11th among EU countries with a statutory minimum wage.
Hatzidakis also noted that the government is making full use of the available fiscal margins and, unlike the opposition, does not have any “magic solutions” for increasing incomes, as such solutions do not exist. However, he emphasized that the government is moving forward with pro-growth policies, including support for entrepreneurship, tax cuts, improvements to the business environment, as well as wage and pension increases to the extent that fiscal conditions allow.
Source: Kathimerini
Markets:
- Bank of Cyprus’s profit after tax for FY25 stood at EUR 481 mn compared to 508 mn in FY24(y-o-y), while in 4Q25 stood at EUR 128mn compared to EUR 118mn in 3Q25(q-o-q). The Bank’s NPE ratio decreased to 1.2%, compared to 2% in FY24. Total Capital ratio and CET1 ratio (pro forma) stood at 25.9% and 21.0%.
Source: ATHEX - CPLP will start the auction for its new bond today, with an expected total issuance of EUR 250 mn and a duration of seven years. The bond will be traded on the Fixed Income segment of Athens Stock exchange, and the yield is expected to be between 3.75% -4.05%.
Source: Euro2day
CYPRUS
Macro/Political:
- The arrivals of tourists reached 121,625 in January 2026 compared to 112,100 in January 2025, recording an increase of 8.5%.
Source: CyStat
