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Merkel Rejects the Greek Debt Restructuring

Angela Merkel, Chancellor of Germany referred to the new rescue package as a significant political agreement. However, she rejects any possibility of debt restructuring. Under...

Papandreou Confident New Bailout Package Will Go Ahead

Despite the fact that the Conservative Opposition refused to support the plan agreed between Greece and international creditors, Papandreou was confident that the package...

Parliament President Petsalnikos to Meet Ecumenical Patriarch Bartholomew

Parliament President Philippos Petsalnikos will meet His All Holiness Ecumenical Patriarch Bartholomew on Monday, June 27th, at 10.45 in Parliament.  Shortly after at 11.00 am, a special event with the Global Youth Summit where 250 young people aged...

Socialist Lawmaker Wavers Over Austerity Package

Socialist deputy Thomas Robopoulos said Friday he was not prepared to vote for the Greek government's planned austerity package, although he has not made...

Finance Minister Evangelos Venizelos Meets with Troika Chiefs

Finance minister Evangelos Venizelos met on Thursday morning with the heads of the European Commission (EC), European Central Bank (ECB) and International Monetary Fund...

Slovak PM: G.Papandrou Worried Austerity Measures May Not Pass

Greek Prime Minister George Papandreou has expressed serious doubts over the passing of the Medium-Term Fiscal Program, Slovak Prime Minister said, according to Reuters. Iveta...

The Council of State Confirms Memorandum as Constitutional

The Council of State has considered the Memorandum constitutional, dismissing the appeal that had been lodged by the GSEE, ADEDY and other institutions. The Council of State also noted by its...

”Euro-Slap” to Skopjans for Erection of Alexander the Great Statue

While the Skopjans were erecting a statue of Alexander the Great at the central square, the EU sent them  a "Congratulations Card". The European Commissioner...

EC President Proposes To Frontload EU Funds To Greece

European Commission should find ways to front load and accelerate EU money, so that Grece gets the benefit now, EC President José Manuel Barroso...