Executive Director of PIMCO Bill Gross insists that the European Central Bank should also cut a part of the nominal value of the Greek bongs it owns, Nouriel Roubini sees a credit event in the deal

One of the clearest signs of the Greek crisis is the widespread appearance of homeless people on the streets of Athens and major cities. They are people who had a home, work and a completely normal life until recently. One of them shared his story and hope for the future with GRReporter.

GRReporter contacted the environmentalist George Iliopoulos from Callisto to give more light on the case and to try to explain why people poison wild animals by further destroying natural ecosystems intentionally.

The meeting between the leaders of political parties and the Prime Minister did not bring an agreement on the support to the government. While Antonis Samaras is trying to shorten its life, George Papandreou proves once again how difficult it is to him to abandon power.

In 2011, the company has seriously cut the operational costs and has taken care to improve cash flow. Furthermore, the "bad customers" have increased by 30% and unpaid bills have reached 120 million euro compared to 2009, when this amount was 77 million.

Both parties report a convergence of positions, on Monday, Finance Minister Evangelos Venizelos has to inform his counterparts from the eurozone on the results, the Institute of International Finance will give a press conference in Geneva on Tuesday.

In the early years of the crisis, the cost of labour managed by trade unions was seriously overestimated. Greece must reduce the wages until the competitiveness of Greek products returns to the pre-crisis levels explained the head of the European Commission advisory group on economic growth for Greece.