Greece

The EU handling of the Greek debt crisis successfully imposed reforms and avoided a catastrophic default by Greece, but failed in ensuring Athens could stand on its own feet financially, an EU auditor's report said on Thursday. "These programmes promoted...

European Commission spokeswoman Annika Breidthardt on Tuesday said that the Greek programme is absolutely credible when asked to comment on IMF officials statements on Monday on IMF's blog. "We read very carefully the post of IMF officials" said Breidthardt adding...

According to a new report from the European Court of Auditors, the EU's "hotspots" for irregular migrants in Greece and Italy has assisted in improving the registration process significantly, but more needs to be done since thousands of migrants...

The Greek Red Cross on Thursday received 240,000 euros for unescorted refugee children, under the program "EUStaff4Refugees." The check was handed to the President of the Greek Red Cross, Antonis Avgerinos, by Chief Spokesperson of the European Commission, Margaritis Schinas. The...

The Athens International Airport El. Venizelos was granted a twenty-year extension to its concession agreement with the Hellenic Republic Asset Development Fund worth a total of €1.115 billion ($1.301 billion). The concession currently expiring in 2026, will run to 2046 following...

Eurozone ministers agreed debt relief and a big cash payout for Greece in the early hours of Friday paving the way for its program exit in two months’ time. “After eight long years Greece will finally be graduating from its...

The Greek Council of State will rule on whether a labour law that imposes large fines to companies for undeclared labour is unconstitutional, illegal and against the European Convention on Human Rights (ECHR). The question was referred to the CoS...

Vassiliki Thanou-Christophilou became Greece's first female Prime Minister on Thursday evening. Thanou, the former Greek Supreme Court President, was sworn in on Thursday evening by the President of the Hellenic Republic, Prokopis Pavlopoulos. Following the resignation of former Greek Prime Minister Alexis Tsipras...

As scenarios of snap elections abound, Greece's Constitution requires that the current government resigns and a transitional Prime Minister is appointed. According to the law, that person should be the Supreme Court President. Prime Minister Alexis Tsipras has not decided yet...

The Greek bailout proposal was sent via email to the president of the Eurogroup, Jeroen Dijsselbloem who will forward it to the rest of Greece's creditors. The Greek parliament which also received the draft, has been ordered to prepare an...

The biggest obstacle for Greece to reach a deal with international lenders - a hole in the 2014 budget both sides now say isn't there - has been resolved, but long talks were still hung up over 153 unfinished...

Greece's claim that a deal with its international lenders was imminent over unsettled reforms and a hole in the 2014 budget appeared overly optimistic as the two sides became involved in tough negotiations that must be finished before a...

The insurance and pension bill, which deals explicitly with the public and broader public sector, was found unconstitutional by the Conference of Auditors. During the past few days, the plenary court revised and worked on the insurance bill that deltas...