Greek government

Prime Minister Alexis Tsipras' decision to bring the last-minute extension of aloan agreement with Greece's eurozone creditors to the Greek parliament for discussion - and not for ratification - was confirmed on Monday by Government sources.

Chancellor Angela Merkel says shes hoping for a good future for Greece in the eurozone as Germany pushes Athens to comply fully with the terms of its financial bailout.

German Chancellor Angela Merkel used a conference on "innovation" in Berlin on Monday to skewer any idea of "creative ambiguity" in the text of a last-minute deal between the Eurogroup and the Greek government last month.

The curious quip was used by none other than Greek FinMin Yanis Varoufakis to characterize the text, when speaking to the local press.

The government confirmed on Monday that it would not submit to Parliament the four-month extension of the country?s loan agreement.

The Turkish government did an "about face" on Monday from its original plan to reserve a large chuck of the northern Aegean for a military drill - purportedly in regions between Greek islands - and until the end of the year!

By Paul Carrell & John O'Donnell

European Central Bank policymakers decamp to Cyprus on Wednesday wrestling with the uncomfortable fact that they may hold the keys to Greece's continued membership of the euro.

An aviation notice issued by Turkey for a 10-month military drill in the Aegean Sea has sparked reaction from the Greek government, which reportedly complained about the move to international organizations over a "violation of Greek integrity and flight safety."

A Financial Times article, titled "Greece warned to start reforms to gain cash", states that Dutch Eurogroup Chief Jeroen Dijsselbloem states that Greece must immediately start adopting some of the economic reforms demanded by its creditors in order to receive emergency funds ahead of a growing cash crunch.

Greece's international creditors could pay part of the 7.2 billion euros remaining in its bailout pot as early as this month if Athens starts adopting necessary reforms, the head of the euro zone finance ministers' group said.