Greece to early repay EUR 7bn of GLF loans by June

Macro/Political:

• General Director of the PDMA, Dimitrios Tsakonas, noted at the annual Euronext conference in Paris that Greece will proceed with an early repayment of GLF loans this June with the amount of EUR 7bn, following the government’s plan to fully repay the GLF loans 10 years ahead of their maturity in 2031. It is also important to note that the Greek government has already repaid a total of EUR 26.6bn, while approximately EUR 26.3bn remains outstanding. This amount is expected to fall to around EUR 19bn by the end of the year and is projected to be fully repaid over the next four years with annual payments of about EUR 5bn.
  Source: capital.gr
   

Markets:

• Optima Bank announced during yesterday’s meeting that it approved the submission of a non-binding offer for the potential acquisition of a majority stake in EUROXX Securities A.E.P.E.Y., a company listed on the Alternative Market of ATHEX. The non-binding offer concerns the acquisition of a stake of up to 80.84%, and in any case no less than 67%, of the paid share capital of EUROXX Securities from certain of its shareholders. The offer forms part of Optima Bank’s strategy to further strengthen its presence in capital markets, as well as in investment, advisory, and asset management services.
  Source: ATHEX
   
• NBG following a relevant announcement on September 30, 2025, announced the completion of the Etalia B transaction, which involves the disposal of a portfolio of non-performing exposures (NPEs) with a total principal amount of approximately EUR 0.1 bn to purchaser company CREDITABLE OPPORTUNITIES FUND SCA SICAV-RAIF, managed by EOS Group. The transaction is capital accretive.
  Source: ATHEX