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European Commission President Confident of Cyprus Solution in First Half of 2016
European Commission President Jean-Claude Juncker has expressed his hope that Cyprus will be reunited in the first six months of 2016, in a press...
IOM: 2016 Will Be Another Critical Year for Migration Into Europe
The head of the International Organization for Migration (IOM) predicts 2016 will be another critical year for migration to Europe.
IOM Director-General Lacy Swing said...
Europe’s Migrant Challenge Expected to Continue Into 2016
Europe in 2015 faced its most severe migration crisis in centuries as an estimated one million people – mostly Muslims – fled war in...
Greece to be Under Close Eurogroup Supervision in 2016
Greece will feature heavily on the Eurogroup agenda in the first six months of 2016 as creditors want to supervise closely the progress of...
Greek Economy to Get More than 8 bln Euros in EU and Private Funds in 2016, Says Minister
More than 8 billion euros will be funneled into the Greek market in 2016 through the Public Investments Program (PIP) and international organizations such...
European Commission Foresees Plausible Resolution to Cyprus Problem in 2016
The European Commission and its President Jean-Claude Juncker personally are confident that 2016 will be the year to bring along a resolution of the...
Creditors Reportedly Find 2-3 Billion Euro Gap in 2016 Greek Budget
The Greek parliament voted the 2016 Greek budget less than two weeks ago. However, this might not be the country's final budget with the new year less...
Greek Budget Projects Weaker Recession in 2016 and 5.7 Bln Euros from Austerity and Reforms
The Greek Finance Ministry submitted the finalized version of the 2016 budget, which presents improved but still negative economic figures.
The budget indicates that next year's recession will...
UNHCR: 1.4 Million Asylum-Seekers to Reach Europe in 2015, 2016
The U.N. High Commissioner for Refugees says 700,000 asylum-seekers will reach Europe via the Mediterranean this year and it projected that approximately the same...
IMF: Greece Will Need 25 Billion Euros in 2015-2016
The IMF has estimated that Greece's financial needs in 2015-2016 will amount to approximately 25 billion euros.
The announcement was highlighted in the IMF's bi-annual...


