National Bank of Greece, Eurobank EFG, Alpha Bank and Piraeus Bank will need a major infusion of capital after the macroeconomic crisis of the country has dropped their shares and they lost most of their value last year and a half.

According to Fitch, the referendum announced by the Greek prime minister dramatically raises the stakes for Greece and the eurozone.

According to some estimates, Greek deposits in Swiss banks reach 200 billion euros. Tax authorities will inspect 1,700 property owners who they think have invested most of the undeclared income in real estate.

Minutes after the speech of the Greek Prime Minister, the opposition leader Antonis Samaras requested to meet President Karolos Papoulias.

Cutting the face value of Greek bonds by at least 50% as part of the solution to the debt crisis has caused a serious split between the Greek bankers and the Greek government. The fate of CDS is not clear yet.

The elimination of collective and the introduction of individual bargaining, combined with layoffs in some media are threatening the professional future of many of their employees, said the participants in a conference organized by the Athens Journalists Union.

Deputy Minister of Environment, Energy and Climate Change Ioannis Maniatis is willing to clear the unclear points concerning the joint project in order to start working on it.