The prospect of the Bucharest Stock Exchange (BVB) to promote to emerging market status, the diversification of BVB products, the need for setting up the Central Counterparty and the stage of the Sovereign Investment Fund are among the main topics the second Capital Market Forum taking place this Friday in Bucharest will be looking at; the event is organized by the Financial Intelligence econom
Moody's said in a report on Monday that the outlook for Greece's banking sector remains positive due to the expected improvements in banks' funding and asset risks.
Despite the still challenging economic conditions, recent improvements will likely lead to stronger deposit growth, a gradual decline in problem loans and marginal profitability.
The electricity market is being led to financial asphyxiation as - besides Public Power Corporation's liquidity problems spreading like a virus - the government's failure to implement the structural measures needed for its full liberalization will result in expected revenue losses of 80 million euros for independent producers.
Athens-listed construction company Avax SA removed the initials J&P from its name on Wednesday, signaling a new start independent of the bankrupt Cypriot group.
The objective of the Greek company is to avoid any negative connotations and to reposition the group during what is a difficult financial juncture for Avax.