GREECE
Macro/Political:
- Greece will today auction 52 Weeks T-Bills with maturity December 4, 2026. The amount to be auctioned is EUR 500mn.
Source: PDMA
- Data released by Eurostat showed that the annual inflation in Greece is expected to be 2.9% in November from 1.6% in October 2025.
Source: EuroStat
- In its Economic Outlook, the OECD noted that GDP in Greece is projected to remain resilient, growing by 2.1% in 2025 and 2.2% in 2026, before easing to 1.8% in 2027.The slowdown of investment is due to the phasing out of disbarments of Recovery and resilient funds, while consumption will remain strong, supported by employment gains and growing real wages. Headline inflation is expected to ease to 2.1% in 2027, amidst tight labour market. Finally, sizeable primary fiscal surpluses are projected for 2025-2027, from 2.3% and 2.9% of GDP, keeping public debt on a firmly declining path.
Source: OECD
- The Boards of Directors of the ESM and European Financial Stability Facility (EFSF) agreed today to waive the mandatory proportional repayment obligation of ESM/EFSF loans in connection with an early repayment to Greek Loan Facility (GLF) lenders. The Board of Directors of the ESM also approved the use of funds from a dedicated cash buffer account, created at the end of the adjustment programme, to carry out this prepayment.
Source: ESM
- The seasonally adjusted unemployment rate in October 2025 amounted to 8.6% compared to 9.7% in October 2024, and to the upward revised 8.7% in September 2025.
Source: ELSTAT
CYPRUS
Macro/Political:
- Data published by the CBC showed that in August 2025 the non-performing loans (aggregate data for all credit institutions) in Cyprus decreased by EUR 14.056mn (m-o-m) to EUR 1,425.17mn (NPL ratio stable at 5.5%) from EUR 1,439,233 mn in July 2025.
Source: CBC
- Data released by Eurostat showed that the annual inflation in Cyprus is expected to be 0.2% in November from 0.2% in October 2025.
Source: Eurostat
