Greece

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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.

Prokopis Pavlopoulos will be sworn in on Friday at 18.00 as the 7th President of the Hellenic Republic, before the Parliament plenary.

As part of the celebrations for its 10-year anniversary, the Centre of Hellenic Culture in Moscow has organized a week dedicated to Greek culture, from March 19-25, with the aim of promoting Greece to the Russian audience.

The events will be held at the Meridian cultural venue and will focus on the important historic landmarks in the relationship between the two countries.

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.

Technical teams representing Greece?s international creditors are to meet with government officials on Friday, following their arrival in Athens on Thursday, with talks expected to focus on the state of the budget before moving to matters such as a projected fiscal gap and specific reforms next week.

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.

Defense Minister and junior coalition partner leader Panos Kammenos declared Thursday that Greece?s ties with Israel remain strong following talks with a visiting delegation from the American Jewish Committee.

Investors appeared indifferent to the start of negotiations between Athens and its creditors? technical experts on Thursday, as the stock market slipped lower, mainly due to the drop in mid-caps.

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.