French President Emmanuel Macron will visit Cyprus today

Local Eye

Apr. 23, 2026

GREECE

Macro/Political:

  • The Greek PDMA announced that during the 26W T-Bills auction of EUR 400mn which took place yesterday, the total bids reached EUR 976 mn and the amount finally accepted was EUR 500mn at a uniform yield of 2.12% (vs 2.16 % in the previous 26W T-Bills auction in March 2026).
    Source: PDMA

 

  • The Hellenic Statistical Authority announced the result of General Government for 2025, in accordance with ESA 2010, is estimated at a surplus of EUR 4.29bn, while the gross consolidated General Government debt at year end 2025 is estimated at a nominal value of EUR 362.9 bn (146.1% of GDP).
    Source: ELSTAT
  • Prime Minister Kyriakos Mitsotakis on Wednesday announced a EUR 500 mn package of support measures, funded by a larger than expected surplus, as the government seeks to ease pressure on households facing high living costs. The announcement came after the Hellenic Statistical Authority recorded a budget surplus of EUR 4.29 bn, which gives the government additional fiscal space for targeted relief measures. The measures include an extension of fuel subsidies at 20 cents per litre for May and the continuation of fertilizer subsidies through August, covering 15% of purchase costs. Families with children will receive a EUR 150 per child emergency allowance at the end of June, while low-income pensioners, uninsured citizens, and people with disabilities will receive EUR 300 annually. Other measures include higher income thresholds for rent refunds, easing conditions for lifting bank account seizures once 25% of a debt has been repaid, and expanding eligibility for the out-of-court debt settlement mechanism to debts between EUR 5,000 and EUR 10,000, affecting an estimated 300,000 people.
    Source: Kathimerini

 

Markets:

  • Bally’s Intralot has announced that its Australian subsidiary, Intralot Gaming Services, has been awarded a new 15-year Electronic Gaming Machine Monitoring Licence for the State of Victoria, effective 16 August 2027. This landmark award positions Bally’s Intralot to deliver a new generation of technology, transparency, and collaboration to one of the world’s most mature and highly regulated gaming markets.
    Source: Euronext Athens

CYPRUS

Macro/Political:

  • Government spokesman Konstantinos Letympiotis announced that today French President Emmanuel Macron will visit Cyprus. This visit constitutes the first official bilateral visit by a President of the French Republic since the establishment of the Republic of Cyprus and confirms the excellent level of relations between the two countries. During the visit, President Macron and President Nikos Christodoulides will hold a private meeting at the Presidential Palace, followed by expanded talks between the delegations of the two countries. Discussions are expected to focus on the implementation of the Strategic Partnership between the two countries and the further strengthening of cooperation in the fields of energy, defence, and regional security. They are also expected to focus on issues related to the European agenda and cooperation in the context of Cyprus’ Presidency of the Council of the EU.
    Source: GOV.cy

 

  • Cyprus Statistical service announced the preliminary fiscal results for 2025, the results indicate a fiscal surplus of EUR 1.2 bn, and a total debt of EUR 20.08 bn (55% of GDP).
    Source: CyStat