European Union
Greece
UNHCR: Greece, EU Need to Take Urgent, Bold Action to Tackle Refugee Crisis
Greece and the European Union need to take urgent and bold action to tackle the refugee crisis unfolding in the country, UNHCR officials said in Athens on Friday.
Addressing a press briefing at the end of a five-day visit to Greece,...
Greece
Let's All Agree In a Plain De(ni)al
Let's pretend you have some capital to invest and you have chosen to offer your cash to one of your poorer relatives in order to reform their struggling company. A noble investment. Now, would you ever invest in that company if its...
Greece
National Council on Foreign Policy Holds Meeting Focusing on the Balkans
"Greece is returning to the Balkans," Foreign Minister Nikos Kotzias said, in statements after briefing a meeting of the National Council on Foreign Policy about the results of his tour in seven southeastern European countries.
Kotzias said that he had...
Crime
Greek Parliament Approves Second Set of Terms Required for Bailout Deal
Greece's parliament approved a second set of austerity measures into laws on Thursday; a requirement for the country to receive a bailout deal by its creditors.
Greece moved closer to seal a new bailout deal, the third one, with the European Central...
Economy
Eurostat: Greek Govt Debt Decreased to 168.8% of GDP
The highest government debt to GDP ratios in the Eurozone were recorded in Greece (168.8%), Italy (135.1%) and Portugal (129.6%), according to a recent Eurostat news release for the first quarter of 2015. However, the Greek government debt also recorded...
Europe
EU Ministers Again Fail to Meet Migrant Relocation Targets
European Union interior ministers failed on Monday to find temporary homes on the continent for some 40,000 African, Asian and Middle Eastern asylum-seekers encamped in Greece and Italy after perilous journeys across the Mediterranean.
Meeting Monday in Brussels, the ministers...
Economy
EU Official: Greek Bailout Program Likely Unsuccessful
A senior European Union official told Reuters that there is a 20 to 30 percent chance of success for the three year European Stability Mechanism bailout program that Greece and its international creditors will begin negotiating.
Greece and its creditors agreed on the conditions of...
Economy
European Commission Has Grexit Plan Ready
Although Greece and its international creditors came closer to preventing a Grexit in Brussels last Monday, a secret European Commission Grexit report indicates that the possibility of Greece leaving the Eurozone was very real, and still could be, at least until a bailout...
Economy
Strategic Concerns Impact Greek Crisis
When Greek and other European leaders came to the 17th hour of their all-night talks that culminated in an agreement Monday morning, their immediate concerns were economic. But experts say there were also serious strategic issues driving them toward...
Economy
Alt. Social Insurance Minister: Government Will Not Sign Agreement that Condemns the Country and the People
The Greek government's determination to proceed with the negotiation in order to close a deal based on the people's mandate and its decision in Sunday's referendum, underlined on Wednesday Alternate Social Insurance Minister Dimitris Stratoulis speaking to private ANT1...