Greek capital market officials appeared optimistic over the outlook of 2016, after a negative 2015, at the opening session of the new year in the Athens Stock Exchange on Monday.

A new development law to be tabled to Parliament soon will include 3-4 basic principles, it will be simplified compared with a prevailing bureaucracy and will put an end to mistakes made in the past such as no safeguarding of funds and piling up state debts to private investors, Economy Minister George Stathakis said on Monday.

The development of the industrial sector should become a national target if we want at some point to leave from the vicious circle of the memoranda and of the neoliberal European economic subordination, noted Deputy Economy Minister Theodora Tzakri in statements within the framework of the first meeting of the forum for the industry.

A 28-day baby girl was pronounced dead at the Venizeleio Hospital in Heraklion  on Friday, doctors announced over the weekend.