Developing new funding tools, beyond the classic bank borrowing, to fit the needs of enterprises, is one of the basic of the government, Economy, Development and Tourism Minister George Stathakis said on Thursday, addressing the Pan-European Conference of the European Federation of Managing Consultancies Associations (FEACO), organized by the Hellenic Association of Management Consulting Firms (SESMA).

Foreign Minister Nikos Kotzias, on Thursday speaking to Alpha radio station, ruled out the possibility of joint Greek-Turkish patrols in the Aegean to confront the refugee issue.

An old wooden boat that was carrying refugees and migrants to Lesvos island crashed at 11:30 on Thursday into an open seas Coast Guard patrol vessel due to rough seas and strong winds blowing in the area.