During “The Economist” conference yesterday, the IMF representative criticized once again the mix of measures of the current program as well as the lack of substantial debt relief measures, reiterating the Fund’s view that the targets of the program are unlikely to be achieved.

"Tourism has proved over the last years that it remains at the center of Greece΄s economic activity," the general manager of the Greek Tourism Confederation (SETE) Georgios Amvrazis said in an article to ANA-MPA.

Natural gas network operator DESFA will sign an interconnection agreement with Bulgaria’s state owned equivalent Bulgartransgaz on June 24, at the Kulata/Sidirokastro grid interconnection, near the Greek-Bulgarian border, the CEO of DESFA Konstantinos Xifaras said on Thursday as he addressed an Economist conference in Athens.

The Bank of Greece on Thursday announced a drastic reduction in the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 7.0 billion euros over the next two weeks, saying that this was in part due to returning deposits rather than the ECB's decision to reinstate a waiver for Greek bonds.