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Greece Has Second Highest Unemployment Rate in Eurozone

According to evidence published by Eurostat in June, Greece has the second highest rate of unemployment in the Eurozone. Among the 27 EU member countries, the unemployment rate has reached an average of 9,4 % to 9,9% in the Eurozone....

OECD:The European Agreement Has Little Effect on Amount of Greek Debt

The Organisation for Economic Co-operation and Development (OECD) believes that the additional money to be given and the Greek debt restructuring agreed upon recently by European leaders will offer Greece the necessary time to move on with its reforms. However, the...

Eurofound: “Greeks Are Not the Laziest in Europe”

According to the research of  'Eurofound,' the European agency which provides expertise on living and working conditions, the Southern Europeans are not the “laziest” of Europe. Germans and Danish take on average 30 days a year off and including the...

EDEN Awards Presented in Delphi

The winners in the European Commission European Destinations of Excellence (EDEN) competition were honored in a special event at the European Cultural Centre of Delphi (ECCD). A total of eight municipalities and administrative regions took part in this year's competition...

Media Reaction on European Agreement

The BBC focuses on the positive reaction of the markets towards the plan for managing the debt crisis in Greece. However, it expresses concerns regarding Greece's efforts to impose the unpopular austerity measures and the privatizations. The Financial Times claim that...

The Richest Greeks in Europe – Greek Rich List 2011/12

Greek Rich List 2011/12, a publication profiling the wealthiest Greeks in the world, just hit the stands. Although, the people featured in the luxury magazine are powerful and influential, the publication is more than just a list of rich...

Greeks Lose Compensation Claim for Nazi Atrocity

The European Court of Human Rights says it has dismissed a lawsuit by Greek relatives of Nazi massacre victims seeking compensation from Germany. The Strasbourg court said in a statement Wednesday that the case was inadmissible because German courts—which previously...

EU Commission, 47MLN to New “TEMPUS” Programme

The European Commission will allocate 47 million euros to support higher education projects in the European Neighbourhood countries and Russia under the Tempus Programme, a rise of nearly 17 million euros compared to last year's programme. According to the Enpi...

New EU Border Control Measures

EU leaders agreed to tighten migration safeguards, including potentially reintroducing border controls between states, in a controversial response to an influx of migrants fleeing North Africa’s upheaval. The proposals clear the way for border controls between member...

50 Giant Companies Run Anti-Bankruptcy Campaign

Chief executives of large companies in France and Germany have requested immediate rescue of European countries, which are heavily indebted, especially Greece. 50 “Giant Companies” in France and Germany are running a special campaign in favor of the heavily indebted countries...