GREECE
Macro/Political:
- Greece raised EUR 4bn at a yield of 3.47% (MS+58bps) through the issuance of a 10-year bond maturing on the 16th of June 2036. The transaction was heavily oversubscribed, with final demand exceeding EUR 50bn (including JLM interest). With this issue, Greece has already covered 50% of its EUR 8bn borrowing programme for 2026, announced by the Greek PDMA at the end of the previous year.
Source: PDMA
- The Greek government and protesting farmers moved closer to confrontation on Tuesday after some farm groups refused to attend talks with Prime Minister Kyriakos Mitsotakis and insisted on escalating road blockades. Mitsotakis met representatives from 14 blockade sites and agricultural organisations in a three-and a half hour meeting marked by complaints and raised voices. Afterward, he issued what government officials described as a 48-hour ultimatum to groups continuing to block roads, warning that authorities could intervene as early as Thursday. Despite tensions, officials described the discussion as constructive, citing its length and breadth of issues raised.
Source: Kathimerini
