"Draghi is setting a counter," a senior bank representative told iefimerida.gr. He believes that this is the way for the European Central Bank to send a message for finding an immediate solution.

The continuous public statements by the Greek Minister of Finance often undermine the government efforts to reach an agreement rather than to facilitate them.

Greece could take this action only in the presence of a fair chance to come to agreement with the creditors. Otherwise, the failure to pay the loan could cause panic in the financial markets and a mass withdrawal of bank deposits in Greece.

Later the Ministry of Finance announced that the proposal had been withdrawn from the negotiating table with the creditors, not specifying who had submitted it.

A burnt piano at the University of Macedonia shouts "No more violence and outrage".

If you announced in time that you would not pay there would be no credit event, as stated by Deputy Minister for Social Security Dimitris Stratoulis.

The total amount of outstanding obligations of the state to private Greek companies exceeds 5 billion euro.