The Vice President of Attrativo Fashion House Pantelis Avramidis showed the true colours of Greek entrepreneurs abroad by trying to defend the idea that all goods, produced anywhere in the world can have the label "Made in Greece" if their design is created in Greece.

The first instalment from the owed money for 2011 will be allocated on Friday and the other two - by mid-June. They will decide whether to suspend the protests next week.

Bundesbank insists that there is no place for Greece in the Eurozone if it does not perform its obligations in accordance with the contract for financial assistance. Brussels has issued a recommendation that member states should create an action plan in case the Mediterraneans leave the currency union.

Protests against the murder of a 30-year-old Greek by three Afghans, escalated into violent clashes.