Wirtschaftswoche

The government's so-called holistic growth plan for the period after the bailout ends in August is being slammed as nothing but an effort to serve partisan objectives and to restore ruling SYRIZA's leftist credentials.

Moreover, it has reportedly not been well-received by the institutions.

EuroGroup President Jeroen Dijsselsbloem expressed his optimism that the 2nd review of the Greek bailout program would reach a successful conclusion at the June 15 EuroGroup meeting and that the disbursement of the scheduled tranche would also be completed.

European aircraft maker Airbus believes the United States will be the biggest customer for its A400M military transport plane, despite a fatal crash involving one of them during a test flight last month.

Prime Minister Alexis Tsipras has vowed never to wear a tie until he had secured a deal for Greece. European Commission President Jean-Claude Juncker grabbed the Greek PM at the European Council meeting of EU leaders at Riga, Latvia, on Friday and shared his tie with him. Earlier, Juncker had told German weekly business news magazine, WirtschaftsWoche, that Greece needs to stay in the euro.

European Commission President Jean-Claude Juncker has urged the SYRIZA-led coalition to abide by the commitments made by the country's previous governments.