Eurogroup: Bail-in first step in bank rescue
EU finance ministers have formulated a basis for an agreement on the issue of problematic European bank rescue, according to Eurogroup head Jeroen Dijsselbloem speaking to CNBC.
Ferry services cancelled due to bad weather
Bad weather led to the cancellation of several ferry services on Tuesday, while the car ferry "Aqua Maria" was unable to dock at the tiny island of Agios Efstratios and had to continue its journey to Kavala without stopping.
Eurobank Managers Take Pay Cuts
Eurobank's high level management staff, among them the general managers of the management board have agreed to accept a proposal by CEO Hristos Megalou for a decrease of 17% in pay.
EU Funds Reopen Roadworks
Opportunities for new investors and new jobs and also an increase of GDP will begin flowing this summer after a deal between Greece and the EU will re-open stalled public roadworks projects.