Eurozone

The Bank of Cyprus group is putting up for sale a total of 41 properties across Greece which in most cases are leased out to third parties and belong to the group?s subsidiary firm, Cyprus Leasing SA.

Nonbinding offers are expected next week, while the final, binding bids will be submitted in May.

Thousands of Cypriots protested outside Nicosia’s congress center on Wednesday against an ECB board meeting inside, chaired by ECB President Mario Draghi.

The rally was organized by unions and civil organizations. No incidents were reported during the peaceful protest.

It is "premature" to talk of a third bailout for Greece, European Commission President Jean-Claude Juncker said on Wednesday, playing down talk of a new rescue package being considered for the debt-ridden eurozone member.

"We are going to focus on implementing what was agreed in the Eurogroup," Juncker said at a joint news conference with German Chancellor Angela Merkel in Brussels.

In an interview that was published today by the Spanish newspaper El Pais, European Commission President Jean-Claude Juncker said that Prime Minister Alexis Tsipras must explain to the Greek people that not all of his pre-election promises can be kept.

A collection of reform proposals are being put together by the government so Finance Minister Yanis Varoufakis can present them at Monday?s Eurogroup, with Athens hoping that this will help it secure part of the remaining 7.2 billion euros in bailout installments.

 Blueprint of six interventions drafted for Monday?s Eurogroup meeting aimed at easing liquidity pressure

By Sotiris Nikas

No less than 12 billion euros in deposits did, in fact, leave Greek banks in January 2015, according official figures listed in a monthly report by the Bank of Greece (BoG) ? a month which witnessed snap elections in the country and the assumption of power by leftist SYRIZA.

European Parliament President Martin Schulz sent his very pointed message to the leftist Greek government through a report on Linkedin.

As Schulz explains: "It's not about making headlines, but doing something useful and acti in citizens' best interest."

The Greek Finance Ministry denied on Tuesday that Finance Minister Yanis Varoufakis took part in a teleconference with representatives of Greece's creditors.

Varoufakis reportedly spoke with representatives from the International Monetary Fund, the European Central Bank and the European Commission, in view of a March 9 meeting of eurozone finance ministers in Brussels.

By Eleni Chrepa

Greece faces another week of hurdles before the March 9 meeting of euro-region finance ministers in Brussels, where they will evaluate the government's list of proposed measures aimed at keeping aid flowing.