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IMF Managing Director Christine Lagarde to Propose Approval in Principle of New Arrangement for...

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement on Greece in Luxembourg today: “I would like to announce...

Greek FinMin-ESM Chief Discuss Future Measures for Greece in Luxembourg Meeting

Greek Finance Minister Euclid Tsakalotos met with European Stability Mechanism (ESM) Chief Klaus Regling in Luxembourg on Wednesday. The meeting, which focused on short-term and long-term...

EC Refers Greece to the EU Court of Justice for Single Market Rail Violations

The European Commission decided to refer Greece, Luxembourg and Romania to the Court of Justice of the EU on Friday for failing to transpose...

Ecofin: Impact of Refugee Crisis on National Budgets to Be Taken into Account

The refugee crisis is a “special case” and therefore the impact on the economies of member-states must be taken into consideration when examining their...

Eurobarometer: More Cypriots Respond Favorably to the Euro As Country’s Currency

Cyprus' support of the common currency rose by 8% to 50%, a few months before the island's 10 billion euro financial assistance program concludes...

Should We Commend The First Refugee Relocation When So Little Has Been Done

  The departure of 30 refugees from Athens International Airport to Luxembourg was one of those events where the staging overshadowed, and spoiled, the symbolism. Greek...

First Refugee Relocation from Greece to Luxembourg on Wednesday

The first relocation of refugees from Greece to another European Union country will take place on Wednesday morning, when 30 refugees will depart from...

Luxembourg FinMin: ‘Greek Debt Haircut Not a Taboo’

Luxembourg Finance Minister Pierre Gramegna noted that the Eurozone governments may consider writing off part of Greece’s debt, but then the country would have...

EU to Propose Migrant Plan As 1,000 Migrants Arrive in Greece in One Day

As Europe is struggling to cope with a massive influx of over 100,000 migrants crossing the Mediterranean Sea seeking a better life in the...

Greek Govt Would Need 30 Years to Audit All Suspected Tax Evaders

The Greek authorities' process of auditing suspected tax evaders is very slow, while the number of potential tax evaders is reaching 1.38 million. According to...

Dijsselbloem: Greece’s Exit from the Memorandum Should be Cautious

"It is premature to talk about a Greek exit from the Memorandum, as we should first conclude the fifth review of its economic development...

Greek MP Nikos Nikolopoulos’ Homophobic Attack to Luxembourg’s PM

Greek Independent MP Nikos Nikolopoulos, who is known for his outspoken views on the topic of gay marriage that he believes “bombs the family”,...

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