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EU

17,500 Non-EU Nationals Acquire Greek Citizenship

According to the Eurostat data published yesterday, more than 780,000 non EU-Nationals managed to attain citizenship from a Member State of the European Union in 2011. In particular, the Member States of EU gave citizenship to 783,100 persons in 2011....

Stournaras Says No Budget Gap (Maybe)

A disputed hole in the 2014 budget - which the government puts at one billion euros while international lenders said it could be as much as 2.5 billion - can be filled without resorting to more austerity measures, Finance...

Greece Wants Troika Deal Before EU Presidency

Hoping to beat the clock before Greece takes over the symbolic, but powerless, rotating Presidency of the European Union for six months on Jan. 1, the government is pushing to conclude a deal with its international lenders before then...

Sarkozy Called Papandreou "F—king Psycho!"

Enraged that then-Greek Prime Minister George Papandreou in 2011 said he would call a referendum and let Greeks decide whether to accept harsh terms of a second international bailout - which could have pushed Greece out of the Eurozone...

IMF Says Greece Can Wait For Loans

Despite a continued delay in the release of a one billion euro ($1.37 billion) installment from international lenders, Greece has enough liquidity to wait for the money to be disbursed, the International Monetary Fund's spokesman said. “The timing of the...

Merkel Praises Samaras Yet Again

As she has repeatedly - as he continues to follow her insistence on austerity measures in return for her country's backing of critical rescue loans as part of a package from international lenders - German Chancellor Angela Merkel said...

Greece Sees End of Recession in 2014

Six years into a deep recession and with the economy still shrinking, and 3 1/2 years after $325 billion in international bailouts, Greece should - maybe - begin to see growth again in 2014, Deputy Finance Minister Christos Staikouras...

4 of 10 Greeks Borrow Money to Pay Bills

The tough reality that hundreds of Greek households have to face due to the Greek Economic Crisis is depicted in a survey that was carried out by Trendbox, a Dutch independent research company. In this survey we can see...

Eurostat: Greece 3rd Lowest EU Birth Rate

Population in Greece has dropped by 5.5%, while the EU's population has increased by an average of 2.2% according to the demographic data of 2012 that were released today by Eurostat. More specifically, the population has increased in 17 member...

Pangalos Tells Greeks: Flee if SYRIZA Wins

Outspoken former Greek Deputy Prime Minister Theodoras Pangalos, who served in a PASOK Socialist government from 2009-12 before retiring after his party took a beating in last year's elections, said if the major opposition party Coalition of the Radical...