A report by American news network CNBC claims that the unprecedented “brain drain” that is taking place while ignored by most economists, hurts Greece the most.

The Greek Tax Office will search bank accounts to find hidden assets of wealthy depositors.

Deposits held by households and businesses fell 7.7 per cent in January.

“I categorically deny all the charges,” says former finance minister George Papaconstantinou.

German chancellor Angela Merkel has welcomed that they have found a starting point for discussions with the new Greek government.

Greece may face difficulties in finding the money to pay its obligations to the IMF and the ECB.

Russian ships already have made port calls at Limassol, but the new agreement apparently aims to create a more solid legal basis for it.

Samaras says coalition stuck with same measures his administration was due to adopt.

The Eurogroup urged Greece to develop and broaden the list of reform measures, based on ‘the current arrangement’.

70 people of more than 1,000 being held Amygdaleza detention centre have been released.