GREECE
Macro/Political:
- The European Commission has approved the national defence plans of eight EU member States, among which that of Greece, paving the way for the release of low-interest, long-term loans under the SAFE (Security Action for Europe) initiative. The total amount approved for the eight member states is about EUR 74bn.
Source: European Commission
Markets:
- NBG raised EUR 600mn at a yield of 3.23%(MS+75bps) through the issuance of a 5NC4 green senior preferred bond. Demand was very strong, with the final order book closing above EUR 3.5bn. Furthermore, NBG announced voluntary cash tender offers in respect of its EUR 500mn 7.250% Fixed Rate Resettable Unsubordinated MREL Notes due 2027 (ISIN: XS2558592932).
Source: ATHEX
- Titan mandated BNP Paribas, HSBC, and Societe Generale as Joint Global Coordinators, and Alpha Bank, BoFA, Citigroup, Eurobank, NBG, Piraeus, and RBI as joint bookrunners, to arrange on their behalf a series of fixed income investor calls, for a potential fixed rate EUR 350 mn, 5-year senior unsecured bond offering.
Source: ATHEX
- PPC (DEI) will announce FY25 Financial Results on Thursday 19/03/2026.
Source: ATHEX
- Bank of Cyprus will announce FY25 Financial Results on Wednesday 18/02/2026.
Source: ATHEX
CYPRUS
Macro/Political:
- President Nikos Christodoulides and Turkish Cypriot leader Tufan Erhurman will hold a trilateral meeting tomorrow with the UN Secretary-General’s personal envoy, Maria Angela Holguin, as diplomatic efforts intensify to restart Cyprus reunification negotiations. The meeting, agreed following a proposal by Christodoulides that Erhurman accepted, marks the second time the two leaders have met in roughly a month. They are expected to continue discussions that began in December. Meanwhile, Mrs Holguin will meet Mr Christodoulides today at the presidential palace at 10 a.m., before meeting Mr Erhurman at 2 p.m.
Source: Kathimerini
