Tsipra’s benefits and the debit arrangements in up to 120 installments have their toll according to the European Commission’s report that was made public on Wednesday morning. The budgetary costs is estimated to be more than 1% of GDP (1.9 billion euros) this year.

Pushing the date of general elections earlier is a matter of sensitivity towards democracy, Prime Minister Alexis Tsipras said in an interview to state broadcaster ERT1 on Tuesday night, confirming that snap elections will be held on July 7.

Prime Minister Alexis Tsipras met with Archbishop of Australia Makarios, at the Maximos Mansion, on Monday.