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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
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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