GREECE
Macro/Political:
- Greece will today auction 26 Weeks T-Bills with maturity April 24, 2026. The amount to be auctioned is EUR 500mn.
Source: PDMA
- In August 2025, the current account surplus increased by EUR 783.2 mn (y-o-y) and stood at EUR 1.1bn due to an improvement in the balance of goods and the primary income account. In January-August 2025, the current account deficit decreased by EUR 2.1bn year-on-year and stood at EUR 6.6bn.
Source: BoG
Markets:
- PPC Group announced the construction of a new BESS in Amyntaio. The new station will consist of batteries with a total installed capacity of 50 MW and a storage capacity of 200 MWh. It will be capable of supplying the power system with capacity of 50 MW for 4 hours.
Source: ATHEX
- S&P affirmed Eurobank’s long-term issuer credit ratings at BBB-, with a stable outlook. The rating action follows Eurobank’s announcement of a preliminary agreement to increase its holding in the Greek insurance company Eurolife Life. The transaction does not change the agency’s assessment that Eurobank has adequate capital and earnings. However, it is expected to reduce the group’s RAC ratio by 80–100 bps and its CET1 ratio by 120 bps. S&P nevertheless expects the bank to maintain its CET1 ratio well above 13%, supported by its resilient operating performance and its capacity to issue AT1 instruments, as it has not yet fully utilized its AT1 bucket.
Source: S&P
- Metlen announced the signing of a 10-year Power Purchase Agreement with ENGIE, a leading energy transition utility. Under the PPA, Metlen will supply solar generated power from six sites located in the UK. The power capacity of the solar portfolio, totals 235 MW , providing ENGIE with over 233 GWh of clean electricity annually.
Source: ATHEX
