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Tourism shows resilience despite geopolitical uncertainty as May arrivals and revenues rise
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Record travel receipts and narrower trade deficit reflected in current account up to May
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Energy and domestic market drive industrial turnover growth of 14.1% YoY in May
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Primary surplus up to June at 4.48 bln as taxes continue to outperform, spending contained
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Energy continues to drive import prices as May sees 13.3% YoY rise
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New passenger cars push June sales to highest since 2010
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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