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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...

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...