EU
Economy
Greece Says Troika Deal In Sight
With Greece's international lenders setting a deadline for the end of July 5 for the government to show progress on key reforms or face a delay or cut-off of an 8.1 billion euros ($10.6 billion) installment, negotiations reportedly were...
Cyprus
Cyprus Awaits Foreign Minister Venizelos
Greek Foreign Minister Evangelos Venizelos, who as finance minister in a previous Greek government imposed losses of 74 percent on investors and holders of Greek bonds - which pushed Cypriot banks to the edge of default and forced the...
Europe
MobiPro-EU’s Job For Your Life
In order to cover its lack in qualified workers, Germany recently launched a program of financial help to attract young people from around Europe, taking also into consideration that many EU countries show very high rates of unemployment.
The program...
Greece
Kouvelis Says Samaras, Venizelos Cut Him Out
According to the leader of the DIMAR party, Fotis Kouvelis, political leaders Samaras and Venizelos had already talked before the three of them held their meeting late last month.
"If Mr. Venizelos said that he would do everything DIMAR does,...
Economy
Greece Plays Troika For Time
His chair's not even warm yet but Greece's new Administrative Reform Minister, Kyriakos Mitsotakis, said he will ask the country's international lenders to give him a few more months to put together a scheme to start getting rid of...
Economy
ND Regains 2 MP's, Another Wants Golden Dawn
Scraping for every vote he can get with his alliance government holding a slim majority in Parliament, Prime Minister and New Democracy leader Antonis Samaras has taken back two former lawmakers, one who quit the party and another who...
Economy
Troika's Greek Ultimatum: 3 Days To Deliver
Frustrated with stalled firings and foot-dragging, Greece's international lenders have given the government until the end of the week to pass reforms or face losing its next loan installment of 8.1 billion euros ($8.1 billion) four Eurozone officials said...
Economy
Greece Braces For Tough Troika Talks
The Troika is back in town, and Greek officials said they are expecting "truly difficult" talks with envoys from the country's international lenders, the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) over lagging reforms and a 1-billion euro ($1.3...
Economy
Will New Democracy Become New Greece?
Greek Prime Minister Antonis Samaras hinted to his party faithful at the close of New Democracy’s weekend conference on June 30 that he may be ready to change more than just its identity, but its name, to New Greece.
Samaras...
Economy
More Austerity Seen Coming For Greece
Greek Prime Minister Antonis Samaras may yet have to break his promise not to impose more pay cuts, tax hikes and slashed pensions on beleaguered Greeks because of a billion-euro hole in the country's budget in the wake of...