Greece
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EU Commission

What the Greek Government Agreed on With Lenders – The Complete Texts of the New Memorandum

The new dramatic cuts in pensions, new tax increases, additional measures to close the 535 million euro gap in 2018, and all other government commitments are outlined in text that has been published by the Commission on its website. Interestingly,...

EU Commission: Member States Must Fulfill Obligations for Migrant Relocation Plan

In an effort to re-establish the migrant relocation plan from Italy and Greece, to other EU countries, the European union has called out its member states to live up to their side of responsibility. At the height of the migrant...

EU Commission Recognizes Important Steps in Greece

The completion of the second batch of prior actions along with the successful implementation of the first batch and the recapitalization of the banks constitute "significant steps for restoring the credibility and confidence," EU Commission Annika Breidthardt said on...

EU Warns Turkey About Respecting Cyprus's Sovereignty

Yesterday, the European Union warned Turkey about the need to respect the sovereignty of member states and their territorial waters. The announcement follows Turkey's publicized decision to reserve coastal areas immediately south of Cyprus for seismic surveys. In its recent annual report on countries...

A Greek Translator Equipped with 32 Different Languages

Could a Greek become a new top candidate for the "Guinness World Records" list of most languages spoken? Ioannis Ikonomou, a translator who lives in Brussels and works for the European Commission, speaks 32 languages, all of them fluently. His...

FETA War Between Canada and Greece

Greece may have won the court battle to secure the exclusive name feta on a European level, but stands a chance of losing it around the world. The risk of losing the European right for the exclusive use of the...

Greece Faces EU Court For Kiato Landfill

Greece has been taken to Court by the EU Commission because of a  landfill in Kiato. Brussels seems to be really concerned about Greece’s inability to protect its citizens from the negative effects of badly treated waste in the...

Greece May Beat 2012 Deficit Target

Greece may end 2012 with a better-than-targeted primary budget deficit gap, although it doesn't include sizeable interest payments, the newspaper Kathimerini newspaper reported, citing a senior finance ministry official. The paper said Greece's primary budget balance, which excludes debt servicing...

EU Commission: Long Greek Recession Can End Next Year

Greece will enter its sixth year of recession in 2013 but will start to come out of it in the second half of the year, leading to a modest expansion in 2014, the European Commission said Wednesday in its...

EU Commission Calls for More Measures

Despite expectations to the contrary, the European Commission asks for additional Greek measures in its report published on Thursday on the European Union's economy as daily Kathimerini writes. Brussels expects Greece's budget deficit this year to amount to 8.9%...