The attempt of the government to radicalize the tone of negotiations will pay no dividends, political scientist Plamen Tonchev states in an interview with GRReporter.

The Governing Council of the European Central Bank expects progress in the talks between Greece and its creditors to reconsider its position on the financing of the Greek banking system.

While Greece's creditors started talking about a possible Greek default, our readers allocated their sympathy between them and the Greek government.

Greece’s latest unsuccessful attempt to conclude an agreement with its creditors two weeks before the end of June, when the bailout expires, marks the beginning of the last act of the Greek drama, which may prove crucial for the future of the country.

The uncontrolled accommodation of refugees in some of the popular Aegean islands also contributes to the decline

Greek subsidiary banks hold about 22% of the country’s banking assets, but the central bank governor expects no panic in case of Grexit

The agreement should be ready before the Eurogroup meeting on 18 June; it has to be voted by the EU member-state parliaments before 30 June.