EU
Greece
Europe's Hypocrisy Over the Migrant Crisis in Greece
The fire that devastated the Moria refugee and migrant camp generated lots of crocodile tears in the EU, yet the grave problem of 13,000 people crowded into a facility created for 3,000 to 4,500 still remains -- just as...
Cyprus
Mitsotakis and Macron Meet to Discuss Turkey, Possible EU Sanctions
In the face of increased tensions with Turkey, the Greek government on Thursday urged the EU to impose "severe sanctions" on the neighboring country. This comes after a period of greatly-heightened conflict between Greece and Turkey over sea borders.
The...
Cyprus
EU Threatens Turkey With Sanctions, Calls for Dialogue in Dispute With Greece
Facing rising tension over Turkey's energy exploration efforts in Greek and Cypriot waters, the EU called for dialogue and an end to the continued acts of aggression by Greece's neighbor on Monday.
If Turkey does not heed the warning, European...
Business
Moody's Report Says Greece Can Weather 2020 Tourism Slump
The well-respected credit rating and investor service Moody's issued a new report on Monday stating that most European countries, including Greece, can weather a prolonged tourism slump.
This comes as very welcome news in a year which has seen precipitous...
Diplomacy
Merkel, Macron Call for Respect for EU's Sovereignty
Two of Europe's most powerful leaders, German Chancellor Angela Merkel and French President Emmanuel Macron, charged on Thursday that Europe must protect the sovereignty of the borders of its member nations.
The two leaders made their remarks at a joint...
Business
EU Commission, German Firm to Provide 225 Million Doses of Coronavirus Vaccine
In the second major announcement on Thursday regarding the availability of a coronavirus vaccine in Europe, the European Commission and the German firm CureVac stated that they were in the process of creating an agreement to deliver at least...
Diplomacy
EU Chief Michel Declares "All Options on Table" Regarding Turkey
The sharp increase in tensions between Greece and Turkey in the Eastern Mediterranean was addressed by EU President Charles Michel on Wednesday, after a teleconference called in Brussels to address the ongoing unrest in Belarus.
The EU head placed the...
Business
EU Posts Large Trade Surplus as Imports Drop in 2020
The Eurozone's trade surplus posted record numbers in June, swelling to 21.2 billion euros ($25 million) as the bloc experienced a corresponding record decline in the importation of goods due to the Covid-19 pandemic, according to a recent report...
Business
Greece Extends Unemployment, Other Coronavirus-Related Financial Measures
It was announced that a new financial package addressing the many economic ramifications of the ongoing coronavirus pandemic will be presented to Greece's Minister of Finance, Christos Staikouras, on Tuesday.
The details of the package include an extension in unemployment...
Cyprus
Extraordinary EU Security Council Summit Gives Full Support to Greece
Greek Foreign Minister Dendias addressed an extraordinary meeting of the EU Security Council on Friday afternoon, during which he showed photographs of the collision which took place this week after Greek and Turkish naval vessels operated in the same...