GREECE
Macro Political
• Greece will today auction 26 Weeks T-Bills with maturity September 26, 2025. The amount to be auctioned is EUR 500mn.
Source: PDMA
CYPRUS
Macro Political
• People from the tourism sector noted that bookings are currently at higher levels compared to the same period last year. Positive signals are also being received from international partners, with certain markets expected to increase their tourist flow to Cyprus. According to PASYXE Director General Mr. Angelides, bookings so far have surpassed last year’s figures for the same period. He attributed this increase, particularly for April, to the de-escalation of conflicts in neighbouring countries and the coincidence of Orthodox and Catholic Easter in mid-April. Mr. Angelides added that this favourable timing benefits the following months as well, since airlines that began their routes in mid-April will continue operating into the summer. As a result, the first half of the tourism season is expected to perform better than in 2024.
Source: Stock Watch
