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CPI at 5.2% YoY in May as impact of Iran war spreads
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Despite slowdown to 5.2% YoY in Q1, property prices at all-time high
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Rising prices and energy pressures threaten to undermine 2026 outlook
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Fuels prompt sharp drop of 25.2% in April trade deficit
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Unemployment jumps to 10.6 pct in Q1 - highest in two years
Strong bond reopening virtually completes Greece's debt strategy for 2026
On Wednesday the PDMA successfully completed its second major transaction for the year, essentially executing the entire annual strategy within the first half of 2026, despite geopolitical tensions, and ahead of any policy decisions by the ECB that would raise interest rates.
Greece’s debt managers reopened the 10-year bond that was the inaugural transaction for 2026, having broken demand and spread records. The PDMA had drawn 4 billion euros, from 50 billion euros of offers and a yield of 3.47 pct, 61 basis points over bunds.
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