EU
Economy
ECB Raises Greek Banks Maximum Emergency Funding by 400M
The European Central Bank (ECB) decided on Wednesday to increase the maximum Emergency Liquidity Assistance (ELA) that Greek banks can get from the Bank of Greece by 400 million euros, according to sources.
This brings the total funding of Greek...
Economy
Greek Economy Minister: 'EU Forces Want to Cancel Eurogroup's Agreement'
The promotion of the regulation on the first residence foreclosures is not a unilateral action on Greece's part, Economy Minister George Stathakis reassured in an interview to private MEGA TV late Wednesday, adding that such a message does not...
Economy
Tusk in Contact with Top EU Officials to Hold Meeting on Greece
The Greek issue is not officially included in the agenda of the EU summit which starts on Thursday, a spokesman for the European Council president Donald Tusk said on Wednesday, adding that Tusk is in constant contact with top...
Economy
Moscovici: Greece Won't Stay in the Eurozone at Any Cost
Pierre Moscovici, the European Commissioner for Economic and Financial Affairs, Taxation and Customs, spoke about the situation between Greece and the Eurozone in an interview with the German newspaper Die Welt. Greece will not remain in the Eurozone at...
Economy
Eurogroup President: Cyprus Scenario Possible for Greece
Eurogroup President Jeroen Dijsselboem said that his priority is to keep Greece in the Eurozone and strengthen the monetary union, however he stressed that all the possible scenarios need to be considered.
The Eurozone has examined all the alternative solutions, in case Greece fails...
Greece
Migrant-Trafficking Ring Uncovered with Europol Assistance, 16 Arrests
Greek and European authorities announced on Tuesday that a migrant-trafficking ring bringing mainly Syrian irregular migrants to Greece via Turkey had been uncovered with the assistance and support of Europol, leading to 16 arrests. Based on their investigation,...
Economy
Slovenian PM: Solidarity to Greece has its Limits
His opinion that solidarity displayed toward Greece by its fellow Eurozone member-states has its limits due to other countries struggling with their own austerity commitments expressed Slovenian Prime Minister Miro Cerar. As he said, "Greece is in a very...
Cyprus
Oracle of Delphi – Think Tank
It is claimed that the cradle of modern civilization can be attributed greatly to the influence of the Hellenic culture; a culture that has inspired the advance and development of body and mind. The principle of Hellenic thought has...
Greece
Smokers Throwing Cigarette Butts on Greek Beaches a Major Problem, EU Program Shows
Greece relies on tourism for its economy and must protect its beaches through a policy directly linked to managing garbage and household waste, head of the European Commission office in Greece Panos Karvounis said on Thursday, during a one-day...
Economy
Moscovici Speaks of 'Balanced Decisions' in Monday's Eurogroup
EU Commissioner for Economic and Financial Affairs Pierre Moscovici referred to Monday’s Eurogroup meeting and spoke of balanced decisions that allow the start of the technical processing of the proposals with the Greek authorities.
Arriving at the ECOFIN meeting, he...