Greece
Calamos Supports GreeceCalamos Supports Greece

EC

NATO Chief, EC President Welcome FYROM’s Name Change Parliamentary Vote

In two separate tweets, both the NATO Secretary-General Jens Stoltenberg and European Council President Donald Tusk expressed their enthusiasm of the parliamentary vote in the Former Yugoslav Republic of Macedonia (FYROM) that approves the process for renaming the country. “With...

Secret Meeting of 4 Institutions on Greece Ends in Deadlock

MNI newsagency reports of a secret meeting between officials of the four institutions responsible for Greece's bailout program (European Commission, European Stability Mechanism, European Central Bank and International Monetary Fund). The Washington meeting, held in the framework of the...

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 into national law Directive 2012/34/EU establishing a single European railway area. The Directive aims at strengthening...

EU Commission Awards Extra 82.6 Mln Euros in Emergency Funding to Greece

The European Commission has awarded an extra 82.6 million euros in emergency funding to Greece under the Asylum, Migration and Integration Fund (AMIF) and the Internal Security Fund (ISF). Through AMIF, emergency funding of 24.2 million euros is awarded to...

European Commission Presents Proposals for Humane Asylum Policy

The European Commission presented proposals to complete the reform of the Common European Asylum System in order to move towards a fully efficient, fair and humane asylum policy – one which can function effectively both in times of normal and...

EC Proposal for Cyprus and Greece to Fully Seize Investment Opportunities

The Commission proposes to maintain the EU co-financing rate of 85% for Cyprus and to extend the "top-up" mechanism, which can benefit Greece. The financial and economic crisis had a profound impact on national and regional budgets in many Member...

Delia Velculescu: IMF Wants Greek Debt Sustainability, Μeasures Aren't Enough

International Monetary Fund (IMF) representative Delia Velculescu said that Greek debt is not sustainable, during her address at the Economist Conference in Athens. "Greece needs substantial debt relief," she said, adding that the IMF is participating in discussions and...

Eurogroup Chief Tells EP that ESM Will Approve 7.5-Bln-Euro Bailout Tranche for Greece

Eurogroup Chief Jeroen Dijsselbloem, speaking at the economic and monetary committee of the European Parliament, on Tuesday said he believed that the European Stability Mechanism would approve the disbursement of the 7.5-billion-euro loan tranche as Greece has met all...

Greek Reactions to Hagia Sophia's Islamization Reach EU Parliament

The Greek government has reacted against the decision to turn Hagia Sophia into a mosque for the 30 days of ramazan. The Greek Foreign Ministry issued a statement: "We condemn as regressive the Turkish authorities’ announcement of the scheduling of...

EWG Gives Greece 24-Hour Deadline to Comply with Bailout Actions

The  Euro Working Group (EWG) meeting on Monday gave the green light for the disbursement of a 7.5-billion-euro bailout tranche to Greece provided that loose ends are tied up by Tuesday. The decision, based on a compliance report compiled...