The Chief of the Hellenic Armed Forces General Staff General Mihalis Kostarakos was elected new chairman of the EU Military Committee, in a vote among Chiefs of the Armed Forces of Member States of the European Union, held in Brussels, in the framework of the Conference of the Military Committee of the European Union.

"The economy has stabilized, but reforms must continue - whether the troika of lenders is present or not - because there is no sustainable growth without strong institutions,", Finance Minister Gikas Hardouvelis said yesterday during his address at a Harvard Business School Club of Greece event in Athens.

The privatization of public assets imposed by the troika lead crisis ridden countries to losses of billions, notes the newspaper Tagesspiegel in a four page tribute.