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E.Tsiliopoulos

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ECB tightens screws on Greek banks

According to the Financial Times, the European Central Bank has decided to make it illegal for Greek banks to add to their holdings of short-term government debt “in a move that effectively cuts off a key source of funding for Athens and heightens the risk of a sovereign default.”

Varoufakis and Theodorakis celebrate in Chania

Minister of Economics, Mr. Yanis Varoufakis, and the leader of “Potami”, Mr. Stavros Theodorakis, honoured by their presence the 194th anniversary of Greek Independence Day (March 25th 1821) in Chania.