GREECE
Macro/Political:
- The Greek PDMA announced that during the 26W T-Bills auction of EUR 400mn which took place yesterday, the total bids reached EUR 1,031mn and the amount finally accepted was EUR 500mn at a uniform yield of 2.64% (vs 2.58% in the previous 26W T-Bills auction in September 2026).
Source: PDMA.gr
- According to ELSTAT, the General Government recorded a surplus of 2% of GDP in 2025, while total Government debt stood at 145.4% of GDP.
Source: ELSTAT
- In August 2026, the current account surplus increased significantly and stood at EUR 1.7bn despite a small deterioration in the goods and secondary income balances. In January-August 2026, the current account deficit increased by EUR 2.4 bn and stood at EUR 8.9bn, nevertheless, the combined goods and services balance improved.
Source: BoG
- According to Eurostat’s provisional data, Greece’s General Government Debt-to-GDP ratio stood at 140.8% in 2Q26, decreasing by 11.2% (y-o-y) and 2.7% (q-o-q).
Source: Eurostat
Markets:
- Titan raised a total of EUR 150mn through the reopening of its existing TITKGA 31(XS3263933049), at MS+100. Total demand for this tap exceeded EUR 385 mn.
Source: Bloomberg
- PPC(DEI) announced that its 9M26 Financial Results, will be announced on Monday the 16/11/2026, after market close, instead of Tuesday the 17/11/2026.
Source: Euronext Athens
CYPRUS
Macro/Political:
- According to Cystat, the General Government recorded a surplus of 3.6% of GDP in 2025, while total government debt stood at 52.3% of GDP.
Source: CyStat
- Democratic Rally leader and House President Annita Demetriou lambasted the government yesterday, saying its proposed budget failed to address the challenges of the day and contained “inelastic spending, horizontal rises and untargeted measures.” Speaking at a press conference, Demetriou said the government’s fourth budget “lacks a development and reform vision” and focuses more on managing problems than planning for the future. She added that the main challenges that must be addressed are inflation and the high cost of living, compared with unemployment, public debt and economic stability in the past. Demetriou also argued that the budget favoured high earners over those on lower incomes. Among other points, Demetriou stated that “instead of expediting major projects and infrastructure, we are cancelling them or they are being carried out slowly.” She added that accelerating development projects would lead to an increase in jobs and incomes and strengthen the economy’s competitiveness in the medium term. She also called for measures to support the farming sector, which is still reeling from increased production costs, rationed irrigation water and the foot-and-mouth outbreak. “We are not asking for a continuous increase in spending. We are asking for the better distribution of spending,” Demetriou said.
Source: Cyprus Mail
- According to Eurostat’s provisional data, Cyprus’ General Government Debt-to-GDP ratio stood at 48.5% in 2Q26, decreasing by 9.5% (y-o-y) and 3% (q-o-q).
Source: Eurostat
