Relatives, friends and thousands of people escorted on his last journey 20-year-old Vangelis Yakoumakis, a student at the Ioannina dairy industry school, whose tragic death shocked all of Greece. The procession was held in the village of Seli, 17 km from the town of Rethymno, Crete, today at noon.

According to the representatives of the lenders, the hole in the Greek state funds amounts to 2.5 billion euro and they insist on the government taking emergency measures to fill it.

The White House and the US Treasury believe that the impasse in the negotiations is dangerous for the world economy and they have urged all parties to participate in the negotiations in good faith in order to solve the problems.