There is a two-speed euro zone when it comes to budget discipline according to Thomson Reuters data - with Greece being forced into maintaining a large primary surplus at one end and France being pretty much left to its own devices at the other.
Internal devaluation in Greece mainly concerns salaries and not the prices of commodities, the International Monetary Fund said in a recent report, suggesting that living in this country has become much more expensive due to the decline of incomes and increases in taxes.
A man dressed in a traditional costume covered in bells to scare off evil spirits takes part in a carnival event held by several cultural associations in downtown Athens, on Saturday. The event comprised troupes performing traditional dances and customs all over the center on the weekend. [Eurokinissi]