During his meeting with Greek Prime Minister Alexis Tsipras Austrian Chancellor Werner Faymann stressed that the efforts should be directed towards finding a common solution to represent the position of the new Greek government on the one hand and to take account of the compliance with the commitments that Greece had already made on the other.

The index has fallen by more than 5% to reach 760 base units, bank shares have again decreased their value.

They have been identified within the context of the SwissLeaks investigation by the International Consortium of Investigative Journalists (ICIJ).

Instead, the government will put forward a bridging programme to last until June, as Tsipras said without his usual smile.

Tax evasion will be punished by confiscation of undeclared assets; politicians, journalists, government and bank officials, corporate directors, proxies in offshore companies, etc. will be asked to furnish evidence of their income

Greece’s Finance Minister, Yannis Varoufakis, is putting together a finalised proposal for debt management, which will be presented at the Eurogroup meeting on Wednesday; Varoufakis warned the European Union against turning into a new USSR

The Hellenic National Meteorological Service warns that heavy snowfall and gale-force winds will begin on Sunday