“The problem in Greece is wealth creation and not its distribution, the goal for a fair growth will come later,” Theodoros Fessas, president of the Federation of Hellenic Enterprises (SEV) said on Monday.

Saturday’s three and a half hours teleconference between Greece creditors and 5 key Greek Ministers involved in negotiations -Finance Minister Euclid Tsakalotos, Economy and Development Minister Dimitris Papadimitriou, Labour Minister Efi Achtzoglou, Alternate Finance Minister Giorgos Chouliarakis, and Environment and Energy Minister Giorgos Stathakis- revealed the rift between the two sides on a number of major issues.

"Some want to create a rift between Cyprus and Greece and the easiest way is to undermine the Greek foreign policy" said Foreign Minister Nikos Kotzias referring to the recent attacks against him after the collapse of the negotiations on the Cyprus issue in Switzerland in an interview to private radio Alpha on Sunday.