GREECE
Macro/Political:
- Greece raised a total of EUR 250mn through the reopening of its existing GGB 3.375% 16/06/36, at a yield of 3.70%. Total demand for this tap exceeded EUR 500 mn.
Source: PDMA
- Prime Minister Kyriakos Mitsotakis will propose the renewal of Yiannis Stournaras mandate as Governor of the Bank of Greece, according to government announcements. The current six-year term of Stournaras, his second, will expire at the end of the summer, with the new one set to begin from September 2026.
Source: Kathimerini
- In its Fiscal Monitor Report – April 2025 the IMF forecasts that Greece’s general government overall balance to be 0.6% of GDP in 2026 and in deficit by 0.2% of GDP in 2027. Primary Balance is expected to be in surplus by 3.8% of GDP in 2026 and 3.1% of GDP in 2027 before reaching 2.7% in 2031. According to the IMF, the country’s debt to GDP ratio is expected to fall to 136.9% in 2026, and 130.3% in 2027.
Source: IMF
Markets:
- CPLP announced that, in accordance with the terms of the Common Bond Loan issued on October 22 2021, with a nominal amount of EUR 150 mn, and following the announcement regarding the exercise of the call option for the early redemption of the entire principal amount, it informs investors that the last day of trading on ATHEX will be Friday, April 17.
Source: ATHEX
