The extravagant lifestyle of the former minister's wife, who is at least 30 years younger than him, is more than indicative of the family's means. Now, he is in detention and the Greek justice is investigating how these funds have been obtained.

This is the bitter truth, which the head of the economic department at the Prime Minister's office Gikas Hardouvelis revealed. He delivered the closing speech at a forum dedicated to the promotion of small and medium enterprise within the European development strategy 2020.

The difference between the two major parties is decreasing and it is not yet clear what the third strongest political formation will be. However, poll results suggest that New Democracy and PASOK together will have a parliamentary majority.

Athens police launched at 5 am a campaign to "clear up" two buildings from the occupation of anarchist groups. The buildings are located around the central Exarchia Square, which is known as an alternative area of the Greek capital.