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EU’s Juncker: ‘I am Proud We Stood Up for Greece’

European Commission President Jean-Claude Juncker has told an economic forum in Brussels that Greece will soon leave its bailout program. Juncker was speaking at the...

Greece Likely to Receive €19B from EU Budget

Greece is very likely to receive €19 billion ($22 billion) from the EU in its Regional Development and Cohesion Policy for 2021-2027, a European...

Europe Gives Extra €180M for Migrant Aid in Greece

The European Commission on Monday revealed that it is to give an extra €180 million ($222 million) for aid projects in Greece. It is to expand its...

Greece Facing Possible EU Yacht-Tax Probe

Greece has two months to respond to the European Commission after it claimed the country was breaking rules on value-added tax (VAT) in the...

EU: Turkey Needs to Respect the Sovereignty of EU Member-States

The European Commission is closely monitoring the situation in the Aegean, Commission spokesman Margaritis Schinas said on Tuesday, while warning Turkey of the need...

EU Poll: Greeks Overwhelmingly Convinced of Widespread Corruption

Corruption in Greece is an ongoing political issue, that has been debated to death over the past 35 years. Now a new EU Commission...

EU Official: Too Early for Greece to Speak of “Clean Exit” from Bailout Program

Declan Costello, the European Commission mission chief for Greece's bailout program, said on Tuesday that it is too early for Athens to speak of...

Relief for Greeks: ‘The EU is Not Banning Gyros or Kebab’

The European Commission has denied reports it plans to ban gyros and kebab. A spokesperson reacted to the media reports on the use of phosphates...

EU Gives Green Light for Tsipras’ Welfare Benefit Handouts

Prime Minister Alexis Tsipras' recent statements announcing the distribution of one-off welfare benefits totaling 1.4 billion euros are not in contradiction with what has...

EU Official: Hellinikon Investment a “Symbol of Mismanagement and Delay”

The Hellinikon investment project is a "symbol of mismanagement and delay," said a European Commission official on Thursday, according to a Kathimerini newspaper report. The...

Greek VAT Losses at €5 Billion, European Commission Report Says

Uncollected VAT revenues in Greece for 2015 are estimated at 5 billion euros, according to a report by the European Commission. The report places...

Technocrats Begin Cyprus Third Economic Review

Fiscal issues, structural reforms and Non-Performing Loans (NPLs) are the focus of the third post memorandum review of the Cyprus economy, which began on...

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