ATHEX headed north yesterday, in line with the European stock markets. In more detail, the General Index rose by 0.41% to 2,107.88 units (FTSE Large Cap: +0.35%, FTSE Mid Cap: +1.08%, Banks Index: +0.32%) and the traded value was shaped at €222.0m, up from Monday’s €159.8m. We expect stock picking today.
· ESM and EFSF give Greece the green light for the early repayment of bilateral debt (press)
· OECD updates its economic forecasts for Greece
· IOBE’s headline ESI down in November
· Greek HICP up in November (Eurostat)
· Greek unemployment decreased to 8.6% in October
· Greece to sell today €500m 12M T-Bills
· Eurobank Holdings EGM today
· Greek Competition authority to block the acquisition of Novibet by Allwyn (press)
ESM and EFSF give Greece the green light for the early repayment of bilateral debt (press)
According to Capital.gr, the ESM and the EFSF gave the green light to the Greek Government to proceed with the early prepayment of Bilateral Debt amounting to €5.3bn ahead of their maturity in 20313-441, utilizing funds from the cash buffer.
OECD updates its economic forecasts for Greece
In its latest economic outlook, OECD slightly upgraded its GDP growth for Greece to 2.1% for 2025e (2.0% previously), confirmed at 2.2% for 2026e and expects it at 1.8% in 2027e. With regards to inflation, the organization expects it to shape at 2.9 in 2025e (previous estimate 2.5%), at 2.2% in 2026e (from 2.0% previously) and at 2.1% in 2027e. Finally, OECD expects the state budget to generate primary surpluses of 2.3%-2.9% in 2025-27e, with the General government debt/GDP ratio dropping to 145.8% in 2025e, to 139.4% in 2026e and to 134.5% in 2027e.
IOBE’s headline ESI down in November
The Foundation for Economic & Industrial Research (IOBE) issued its monthly survey for November 2025, according to which the Economic Sentiment Index rose to 106.0 units from 107.5 in the previous month, driven by the deterioration in the services (-10.6 bps m-o-m) and the Industry (-2.1 bps m-o-m), while expectations in the Retail Trade sector improved by 7.1bps m-o-m. The Consumer Confidence Index deteriorated by 3.0bps to -47.6 units in November, reflecting a further deterioration of the optimism of households for their financials.
Greek HICP up in November (Eurostat)
According to a flash estimate from Eurostat, Greek annual inflation is expected to shape at 2.9% in November, up from 1.6% in the previous month (and down by 0.0% m-o-m), below the respective EU area figure (slightly up to 2.2% from 2.1% in the previous month).
Greek unemployment decreased to 8.6% in October
ELSTAT announced that the seasonally adjusted unemployment rate came in at 8.6% in October 2025, down from the upwards revised 8.7% in September 2025 and lower than 9.7% in October 2024. The number of unemployed persons amounted to 411,369, lower by 10.9% y-o-y and up by 0.2% m-o-m.
Greece to sell today €500m 12M T-Bills
The Hellenic Republic will auction 52 Weeks T-Bills with maturity December 4, 2026. The amount to be auctioned is 500 million euro and settlement date December 5, 2025 (T+2). Prior issuance priced at 1.97% in September.
Company Headlines
Extraordinary General Meetings will be held by Eurobank Holdings and Eurobank SA to approve the reverse merger by absorption of Holdings by the Bank. Based on the timeline published, the new shares will be available for trading on ATHEX on December 15th, 2025 and last trading of Holdings shares will be December 9th, 2025.
Greek Competition authority to block the acquisition of Novibet by Allwyn (press)
According to Kathimerini, the Greek Competition Authority will convene on 17 December το discuss the acquisition of Novibet by Allwyn; as per the same press report, the committee will probably object the acquisition, as the combined control of the two entities (Allwyn controls >52% of OPAP and Stoiximan) on the domestic on-line gaming and betting market exceeds 50% (is >70%).
03/12/25 | Bank Deposits & Loans Interest Rates OCT (BoG)
05/12/25 | 3Q:25 GDP (provisional data) (ELSTAT)
08/12/25 | Trade Balance OCT (ELSTAT)
09/12/25 | CPI & Harmonized CPI NOV (ELSTAT)
10/12/25 | ADMIE Holding (Aft-mkt)
03/12/25 | Eurobank Holdings (EGM), Nakas Music (AGM)
05/12/25 | Piraeus Financial Holdings (EGM), Mediterra (EGM)
18/12/25 | Evropi Holdings (EGM), Qualco Group (EGM)
19/12/25 | INTRALOT (EGM), ONYX Touristiki (EGM)
22/12/25 | Hellenic Exchanges (ΕGM)
16/12/25 | AS Company (extraordinary cash distribution €0.060/share)
22/12/25 | ELLAKTOR (interim €0.50/share), ΟΤΕ(extraordinary €0.10/share)
23/12/25 | Motor Oil (interim €0.35/share)
30/12/25 | Trade Estates (interim €0.065/share)
19/01/26 | HELLENiQ ENERGY (interim €0.20/share),Thrace Plastics (interim €0.0685848289/share)
Reverse merger by absorption of Eurobank Holdings by Eurobank
09/12/25 | Eurobank Holdings (last trading day)
15/12/25 | Eurobank (commencement of trading of new shares issued in the context of merger)
Reverse merger by absorption of Piraeus Holdings by Piraeus Bank
16/12/25 | Piraeus Holdings (last trading day)
22/12/25 | Piraeus Bank (commencement of trading of new shares issued in the context of merger)
στο Google News και μάθετε πρώτοι όλες τις ειδήσεις
