Greece has made some progress but the exact extent will have to be confirmed by the representatives of the troika mission representing the country's creditors, Eurogroup president Jeroen Dijsselbloem said as he arrived for a Eurogroup meeting on Monday.
Main opposition Radical Left Coalition (SYRIZA) on Monday strongly criticized the government's stance vis-a-vis the troika of the country's creditors and the political developments, underlining that it is trapped in the same old deadend strategy of submission to the lenders' demands.
French Minister for European Affairs Thierry Repentin, who is paying an official visit to Athens ahead of Greece's assumption of the EU presidency in January 2014, on Monday sent a strong message of France's support
The Bank of Greece on Sunday announced that it has revoked the operating licences of three cooperative banks, namely those of Western Macedonia, the Dodecanese and Evia. Deposits in all three banks are fully guaranteed and will be undertaken by Alpha Bank.
Four sectors, dealing with competitiveness, upgrading of public services, the environment (including employment opportunities) and regional projects are the focus areas of Greece's proposals submitted Monday to the EU for the new (2014-2020) National Strategic Reference Framework (NSRF) funds.
Piraeus Bank completed the integration of the branches of the former Millennium Bank into its group, it said on Monday. In an announcement, Piraeus Bank said that in 14 months six banks became one, benefitting the group's 6.9 million customers in total, a record time, it said, based on international standards.