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Legislation, which has secured cross-party support, is also raising concerns for bankers, changing the order of priority in which asset sales revenues of are paid with creditors losing the lead. The process of special management provides for the in-service consolidation and sale of troubled companies.

The latest health data is forcing changes to the original plan, resulting in unfavorable scenarios being put on the table for the duration of the crisis, based on which the state’s additional burden may exceed 3 billion euros by the end of April. The increase in costs is attributed to the extension and addition of support measures until April and the activation of programs subsidizing fixed costs and business loans.

Investors that have shown an initial interest in Larco’s assets are Commodity & Mining Insight Ireland Ltd., GEK TERNA in cooperation with the Swiss AD HOLDINGS AG, Mytilineos, Solway Investment Group Ltd, Tharisa Plc and Trafigoura Group.

In Greece, the planned shutdown of lignite plants in coming years will play a key role in improving air quality, however, new policies are needed to address the environmental problem arising from road transport.

The lack of a regulatory framework in Greece is holding back investments in floating PV plants. Germany’s BayWa, which has installed some of the largest floating PV plants in Europe, is one of the companies that are looking at the Greek market with interest. In comments to Business Daily, Philipp Kunze, responsible for the development of projects in Greece of BayWa, emphasizes that the company is examining very closely the opportunities in the Greek market.

The side of the current administration, under Anastasios Kallitsantsi, continues to adopt a more public profile, giving interviews and making public statements.

The pandemic and the restrictive measures imposed on trade twice in 2020 were more difficult conditions out of the control of Apostolos Vakakis, but it seems that they affected Jumbo more than expected

These are projects that have been purchased and renovated, or leased and reconstructed, in order to function as modern hotels. The investments were launched before the pandemic and were delayed due to the conditions but are scheduled to operate in the summer.

Bond exchange transactions that have taken place since 2020 between the state and systemic banks were designed and executed by the Public Debt Management Agency (PDMA) in the context of the country's improving debt profile.

According to the data from the Hellenic Statistical Authority, the turnover of accommodation companies in the third quarter of 2020 amounted to 1.5 billion euros, showing a decrease of 61.4% compared to the third quarter of 2019.