Alexis Tsipras

Photographs of Greek Finance Minister Yanis Varoufakis in his beautiful Athens home in a French celebrity magazine caused a storm on social media Friday as his ministry admitted it may raid the country's social security funds to stave off bankruptcy.

European Commission (EC) President Jean Claude-Juncker criticised on Friday the lack of progress in the negotiations on Greece's bailout.

However Juncker assured that there was no risk of failure in the talks, which could lead to Greece leaving the Eurozone, EurActiv reports.

Prime Minister Alexis Tsipras indicated on Friday that there was political will for a solution to any differences between Greece and its creditors as European Commission President Jean-Claude Juncker expressed concern about the delay in Greece's enforcement of economic reforms agreed with the country's lenders.

Prime Minister Alexis Tsipras has travelled to Brussels today on order to meet, early in the morning, with European Commission President Jean-Claude Juncker and the head of the European Parliament, Martin Schulz.

Germany's Finance Minister Wolfgang Schäuble has made clear he considers a Greek exit from the Eurozone (a so-called Grexit) possible, amid a harsh verbal clash with Greek politicians.

By Vangelis Mandravelis

The government is closing down Attica Coastline SA while the Hellenic Republic Asset Development Fund (TAIPED) will be bolstered by the absorption of State Property Company SA (ETAD), according to the government?s first draft law aimed at restarting the Greek economy, which was put up for public consultation on Thursday.

Prime Minister Alexis Tsipras pledged Thursday that his government will pursue reforms in line with commitments to Greece?s creditors after signing an agreement with the Organization for Economic Cooperation and Development aimed at putting the ailing economy back on track.

A new sharpening of the bilateral relations between Greece and Germany was caused after Greek media accused the German Finance Minister Wolfgang Schäuble of publicly insulting Greek Financial Minister Varoufakis.

Schäuble has been quoted as saying that Varoufakis is ''foolishly naive'' at the discussions on the Greek financial situation in Brussels Wednesday.

Leftist Greek Prime Minister Alexis Tsipras' own Youtube channel features videos of most of his addresses not only with English subtitles and sign language, but now with German ones too!

The first video with German subtitles, in fact, was his address in the Greek parliament on Tuesday regarding the sensitive issue of WWII reparations that the Greek government wants from Germany.

During the press conference that followed his meeting with OECD secretary general Angel Gurria at the organization's headquarters in Paris, Prime Minister Alexis Tsipras underlined that Greece has had enough with austerity.