Greek media report that the creditors are expected to send the draft agreement to the Greek Government by Saturday in order to launch a discussion on its specifics

As a country in a never-ending transition from East to West – this is how the professor of political science at Yale University, Stathis Kalyvas, describes Greece in his latest book entitled, Modern Greece: What everyone needs to know

The new Suez Canal, which was officially opened today, is expected to fundamentally change the navigation in this part of the world and double its commodity transport capacity