EU

The European Commission offered a statement on the final hours before the negotiations with Greece and its creditors broke up. According to the statement a "comprehensive deal could be formally finalized and presented to the Eurogroup due to the...

Capital controls have being imposed in Greece, as without the ECB's help the financial crisis deepens. Greek Finance Minister Yanis Varoufakis announced that banks will stay closed until July 6, while citizens be allowed to withdraw €60 per day maximum from each...

The European Commission has published the last set of proposals agreed by the Troika of creditors and offered to Greece late last week saying that it could have led to a comprehensive agreement before the Greek government walked away...

Although Greece is hard strapped for cash this is clearly a political decision with profound consequences for the future of the European Union. It is also the right one.

The Greek Parliament approved the Greek government's proposal for a referendum to be held in Greece on July 5, asking citizens to vote YES/NO on the agreement the country's creditors offered in order to release a much-needed financial aid...

During a heated session at the Greek parliament that is currently voting in order to approve a referendum proposal by the Greek government, Prime Minister Alexis Tsipras slammed the negotiations practice that Greece's creditors followed. Addressing the Greek parliament, Greek PM...

Germany's vice chancellor Gabriel has said in a radio interview that he is open to a Greek referendum on its bailout deal. He acknowledged that austerity might have caused more harm than good in Greece. In an interview with Deutschlandfunk...

Greek main opposition New Democracy leader Antonis Samaras criticized on Friday the refusal of EU countries to accept a proposal tabled by European Commission President Jean-Claude Juncker forcing them to take in migrants based on a system of mandatory quotas. “A wrong message...

European Union leaders debated into the wee hours Friday at a summit in Brussels about how best to share in the handling of the continent's migrant crisis. EU members Italy and Greece are currently bearing the brunt of the responsibility...

Cyprus is one of the EU countries with the highest production of solid waste per citizen. It was announced at an event in Nicosia on “The contribution of immigrants from EU countries in the achievement of a viable waste management in Cyprus:...