S&P credit rating review of the Greek economy is scheduled to be released today

Macro/Political:

• S&P credit rating review of the Greek economy is scheduled to be released today. The Agency currently holds Greece at BBB, outlook stable.
  Source: S&P

• Greek PM Kyriakos Mitsotakis met with Abu Dhabi Crown Prince Shiekh Khaled at the Maximos Mansion in Athens on Thursday, emphasising the importance of strengthening strategic cooperation between Greece and the UAE amid mounting regional tensions. Government sources reported that during the meeting, the excellent relations between the two countries and their mutual willingness to further deepen the strategic partnership between Greece and UAE, particularly in areas of investment and investment cooperation in the wider region reaffirmed. According to the same sources, discussions also focused on strengthening the positive momentum of UAE investments in Greece, as the target of EUR 4 bn in direct investments in Greek Economy, set in 2022 under the Strategic Cooperation Agreement between Hellenic Development Bank, the Hellenic Development Bank of Investments and the UAE sovereign investment fund ADQ, has been significantly exceeded. The added that the two sides also exchanged views on prospects boosting investment and cooperation in tourism, energy, AI and its applications, infrastructure and defence.
  Source: Kathimerini

• According to Kathimerini, a Greek diplomatic source told the newspaper that Turkish Foreign Minister Hakan Fidan’s comments to “Ta Nea” could leave room for an understanding to resolve the dispute over the planned Greece-Cyprus electricity interconnection, although Athens remains cautious because Turkey’s officially recorded position asserts the Turkish authorities’ right to issue permits. The source added that “From our side, we say that we alone will grant authorization. Accordingly, simple communication with other parties is understood and clearly does not constitute authorization.”
  Source: Kathimerini

• Based on provisional data, the balance of travel services in August 2026 posted a surplus of EUR 4,381.2 mn, up from a surplus of EUR 4,248.1 mn in August 2025. Travel receipts rose by 6.5% (y-o-y) to EUR 4,867.3mn, while travel payments also increased by 51.6% (y-o-y) to EUR 486mn. In January-August 2026, the balance of travel services showed a surplus of EUR 15,420.3mn, up from a surplus of EUR 14,335.2mn in the same period of 2025.
  Source: BoG