Despite the unclear situation in the development of the Greek economic drama and the reigning public discontent, the Athens Stock Exchange was given a ray of hope. Its main index closed at 2.19% while that of the banking sector rose by 6.48% compared with Monday.
Because of floodwaters from Bulgaria, authorities are ready to evacuate four villages in the region of Evros in Northern Greece, they advise farmers to take livestock and farm machinery to safer places, wind storms closed the airport in Ioannina.
In a few short sentences, the Deputy Executive Director of Eurobank EFG and professor at the University of Piraeus Nicholas Karamouzis described the causes of the poor condition of the Greek economy. He spoke at the forum on "SOS Development: How to emerge from recession to stay in the eurozone".