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Convergence on debt sustainability

Both main parties seek ways to make arrears affordable, one option being ESM assuming bank recap costs.

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Air Asia flight QZ8501 still missing

Massive search and rescue mission underway.

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Flaming tragedy in the rough Adriatic Sea

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

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Tax revenues set to miss their target

Primary surplus at 3.56 billion euros thanks to containment of expenditure in year to end-November.

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T-bill issues are depriving the real economy of vital liquidity

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.

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Mayor claims threats over stadium plans

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

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German firm to buy Greek island for top customer

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

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Greece to the eurozone’s rescue

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.

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PM to make final plea to MPs ahead of critical third vote on president

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

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Xmas in Australia

Newcomers talk about their Christmas plans and mood some 13,569 km away from home.

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