Van Rompuy

Greek Finance Minister Yannis Stournaras, who is upbeat about the chances for a recovery and a return to the markets next year, has denied that Greece is being pressed by its international lenders to adopt more fiscal consolidation...

Rocked by news that he needs to find a way to generate another 6 billion euros ($7.8 billion) on top of 7 billion euros ($9.19) to trigger an international bailout, Cypriot  President Nicos Anastasiades said he’s going to ask...

Eurozone officials met in Brussels on March 24 with Cypriot officials as negotiations resumed on whether the island country's government could satisfy lender demands, including for a bank confiscation tax, to trigger release of a 10 billion euros ($13...

The Moscow Times depicted the crisis in Cyprus and the Eurozone with the image of a faux Renaissance painting with all the major protagonists, with the focus on German Chancellor Angela Merkel dressed as a tavern woman. The picture...

While Prime Minister Antonis Samaras said Greece has escaped the prospect of leaving the Eurozone, a default remains possible, according to Moody’s, with the international rating agency expecting the country’s economy to contract by 5 percent this year –...

ATHENS – Unable to attend a critical meeting of European Union leaders because he is still recovering from eye surgery for a detached retina, new Greek Prime Minister Antonis Samaras has written the EU a letter asking them not...

Ahead of the Euro Group meeting and the likely concession of the 6th 8-billion euro aid tranche to Greece, former socialist Premier George Papandreou sent two letters last night regarding the conditions that come with the loan. The first letter...

 A meeting was held between European Council president Herman Van Rompuy and Pasok leader George Papandreou in Brussels on Thursday afternoon. During the meeting, Papandreou outlined the  decisive work facing Prime Minister Lucas Papademos’ government. Papandreou and Van Rompuy also discussed...

George Papandreou said on Thursday that the comprehensive package would include issues such as the need for deeper economic cooperation, integration and governance, the strengthening of the EFSF and the strengthening of the European banking system. “We need to ensure...

After a round of consultations last week and over the weekend, inter alia with the Presidents of the Commission and the Eurogroup, on developments in the Euro area, President of the European Council Herman Van Rompuy has decided to...