ENGLISH EDITION

According to data collected by Business Daily, large caps saw a 22 percent drop in turnover, exceeding revenue drops seen across the broader corporate sector (-15.2%),  as shown by figures from the Hellenic Statistical Authority.

Particularly in the case of Greece, the European Semester is, in turn, is linked to the enhanced surveillance regime, which involve quarterly audits by European Institutions.

With the exception of some large companies that actually have access to new lending, the liquidity that reaches small - medium sized enterprises and households is minimal, governor of BoG pointed out.

Under the terms of the 5G licenses, telecommunications providers need to provide access to 5G services to at least 60% of the population by 2023.

In their article for Business Daily, Christos Alexakis, Vasileios Pappas & Athina Petropoulou explain, among others, why Islamic finance may be important to Greece.

In comments to Business Daily, Nondas Nicolaides, a Vice President and Senior Credit Analyst at Moody’s Investors Service, stresses that 2021 will be the year that banks in Greece will see their asset quality improve.

There will be a corresponding counting of votes on January 7 to determine whether the group will be managed by a team appointed by Reggeborgh, or by today’s management.

From the misery of low volumes seen in previous months, the market has passed to daily transactions approaching or exceeding 100 million euros.

The European Commission is expected to unveil next week its strategic plan for the establishment of bad banks at the national level, as revealed yesterday, Mairead McGuiness.

An open letter by renewables groups handed to European Council says the sector requires ‘bold commitments’. The European Council is expected to publish its conclusions on hydrogen which will then be adopted later this month.