Although the prospect of the Barbaros entering Greek territorial waters is regarded as unlikely, diplomatic sources were not ruling out such a scenario.

Christmas nightmare for 268 Greek souls on Italian-flagged Norman Atlantic- one dead.

The Finance Ministry has issued T-bills adding up to 15 billion euros, which are mostly to be found in the portfolios of local banks.

50 men claiming to be AEK supporters allegedly prevented a meeting of the municipal council from taking place.

Real estate agents value the island at around 1.5 million euros.

Mr Moscovici chose to all but endorse Antonis Samaras, the beleaguered Greek prime minister who promises to play by the European Union’s dysfunctional rules.

Samaras has to find another 12 votes to secure Dimas’s election in the third and final round on Monday.

In mid-October Greek bond yields nearly doubled as a result of investor concerns over political developments in the country.

In total old and new expired debts to the state come to 72.77 billion euros, according to Finance Ministry data released yesterday.

Establishing an assessment scheme for Greece’s job-for-life civil servants was among the list of reforms requested by the debt-hit country’s foreign lenders.