If Greece wants to regain investor confidence, which will in turn attract investment and thus lead to economic recovery, capital controls must become a thing of the past, the Center of Planning and Economic Research (KEPE) said in a report released this week.

The European Commission will not send an ultimatum to Greece concerning its handling of the asylum procedure for refugees, the EU’s Commissioner on migration Dimitris Avramopoulos told journalists in Strasburg on Tuesday, adding Greek authorities are doing their best.

Greece will not debate of negotiate issues concerning its sovereignty, Alternate Defence Minister Dimitris Vitsas said on Tuesday, adding that called on Turkey to tone down its rhetoric on Greece. 

Greece and Turkey's transport ministries are expected to sign in the following days a memorandum for a ferry link between Thessaloniki and Izmir, Thessaloniki mayor Yiannis Boutaris said on Tuesday during a meeting of the city council.