The bad press Greece has received in the last week owing to possible political and economic developments has had an immediate impact on tourism bookings for 2015, according to the president of the Association of Hellenic Tourism Enterprises (SETE), Andreas Andreadis.

Eurovision fans can sleep easy, as Greece has been given the green light to enter the 2015 Eurovision Song Contest in Vienna.

The European Union's top economic official praised Greece's reform efforts during his official visit to Athens, in a sign of support for the pro-bailout coalition government before a presidential vote that could trigger its collapse.

The crisis in recent days is now taking serious dimensions, liquidity in the market is decreasing at a fast pace ... and the risk of irreparable damage for the Greek economy is now great," said Yannis Stournaras, the former finance minister who now heads the Greek central bank.