In a few short sentences, the Deputy Executive Director of Eurobank EFG and professor at the University of Piraeus Nicholas Karamouzis described the causes of the poor condition of the Greek economy. He spoke at the forum on "SOS Development: How to emerge from recession to stay in the eurozone".

The implementation of the agreement may lead to tracking every action of Internet users, deprive people of medicinal products and even cause humanitarian crises, warns the Greek pirate party.

The meeting of the leaders of Greek parties supporting the government of Prime Minister Lucas Papademos was postponed at the last moment. At a meeting last night, they reached an initial agreement following his threat to leave the negotiations in their hands.

Throughout this hostile economic situation, there are still successful businesses in Greece that record a profit in their accounting books, provide jobs and make plans for the future. One of them is the company GAEA, which produces and bottles extra virgin olive oil and other Mediterranean products.

The talks of whether Greece should implement the measures for financial stabilization and obtain the second financial aid package of 130 billion Euros, will continue tomorrow. Jean-Claude Juncker officially warned that Europe must prepare for a Greek bankruptcy in March.

The city is an economic centre and commercial crossroads, linking Greece with the former Yugoslav Republic of Macedonia and Albania.

New grave accusations were made against Lakis Gavalas, this time for the legalization of proceeds of crime or the famous "money laundering".