Keeping Greece in and allowing massive European Central Bank intervention are the best ingredients for saving the eurozone. But the case for common eurozone bonds is less clear.

Issuing in Greece in the current climate is a brave move, but that did not stop telecoms company OTE entering the market earlier this year, thus posing quite a challenge for joint lead manager BNP Paribas.

Controversy still surrounds the decision of the International Monetary Fund to bail out Greece at a rate of 3200% in excess of its quota. Writer Jane Monahan

George Papaconstantinou, Greek finance minister

Things look very different for Greece compared to a year ago. A new government intent on change, and the help of the IMF, has brought the country back from the brink of bankruptcy - and served as a wake-up call for the rest of Europe in the process

The leading Greek banks had retained relatively conservative business models at home prior to the financial crisis, but market fears about government debt make the downturn even harder to manage. Writer Philip Alexander

Greece's service-based economy has been less exposed to the global downturn than elsewhere in Europe, but a positive outlook for 2009 will largely depend on how the tourist industry performs and whether lines of credit will remain available to smaller businesses. Writer Kerin Hope