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EU Commission

EU Backs Athens and Nicosia, Asks Turkey to Publish Turkish-Libyan Accord

During the daily briefing of the European Commission in Brussels on Wednesday, the EU asked Turkey to publish its agreement with Libya, and at the same time expressed its unequivocal solidarity with Greece and Cyprus on the matter. The Commission...

Next EU Commission VP Schinas Declares Brussels' Main Priority is Migration

Margaritis Schinas, the next Vice President of the European Commission, said on Thursday that a new, integrated, coherent and sustainable European policy on handling refugees and migrants will be the main priority for the von der Leyen administration. The VP...

EU Positive on Greece's Growth But Encourages Reforms

The European Commission on Thursday revised their forecast for Greek economic growth slightly upward in 2019 and 2020, but warned that the nation's economic recovery depends on needed reforms. According to its interim economic forecast, the Greek economy is set to...

Hotspots on Greek Islands Better Prepared

The European Commissioner for Migration, Dimitris Avramopoulos, said on Tuesday that the Greek islands are better prepared to host migrants this winter in comparison to previous years. However, there is still opportunity for improvement, he said when asked about the...

Moscovici Says Greek Sacrifices Now Bearing Fruit

Cuts in Greek pensions were not legal or even necessary, stated European Commissioner for Economic and Financial Affairs Pierre Moscovici on Tuesday. In his remarks to a meeting of the Eurogroup, he stressed that the ''Greek people's sacrifices are now...

EU Commission's Autumn Forecast: Greek Economy To Grow By 2 % in 2019

The Greek economy is expected to grow by 2 per cent in the next three years, the European Commission said in its autumn forecast report released on Thursday. The Commission report noted that Greece exited the adjustment program with...

EU Commission on Greece's Pensions Cuts: Apply What Has Been Agreed

The European Commission has dismissed the report by the Athens-Macedonian News Agency (AMNA) that claimed that Greece's creditors have agreed to cancel the pension cuts due to come into effect in January. Commission spokesman Alexander Winterstein, asked to comment on...

Greek Debt Viability Trajectory Worse than Expected

The sustainability of the Greek debt over time is one of the major issues tackled by world economists and a new report by the EU Commission shows that it's projected trajectory is worse than originally calculated. The report by the...

EU Commission Approves Greek Renewable Electricity Auction Scheme

The European Commission has found a Greek auction scheme for the production of electricity from renewable sources and high efficiency co-generation to be in line with EU State aid rules. The scheme will further EU energy and climate goals whilst...

EU Commission Orders Greece to Recover €55 Million in Defence Aid

The European Commission ordered Greece on Monday to recover up to 55 million euros in state aid from Hellenic Defence Systems (HDS), a largely state-owned company that manufactures defence-related products. Greece granted a number of support measures between 2004 and...