Bulgaria is suspending work on the disputed Russian-backed South Stream gas pipeline following criticism from the EU and United States. South Stream is expected to pass through Greece.

Virtually unknown in Greek politics, but with a distinctive career in Economics, Professor Gikas Hardouvelis is the kind of technocrat the PM needed for the upvoming Troika negotiations.

Greek exports fell significantly in April, while imports eased moderately, according to the latest stats released by the Greek Statistics Authority ELSTAT.

The more than 5,000 hours of volunteer work have paid off for 31 Greek expatriates in Dubai as they can now send money to help homeless people affected by the recession.