EU
Economy
FinMin Hardouvelis: Greece Might Need a Year of Limited EU/IMF Supervision
At a time when most cabinet members speak about the long-awaited exit from the bailout program, Greek Finance Minister Gikas Hardouvelis spread discomfiture to the government with his statements in Reuters on Wednesday, proving the lack of communication between...
Economy
EU Job-Search Aid for Former Workers at Greek Retailer and Irish Jeweller
The EU should make available aid worth €8.8 million to help find or create new jobs for workers made redundant by fashion retailer Sprider Stores in Greece and jewellery maker Andersen Ireland Limited in Ireland, recommended the Budgets Committee...
Economy
Greek Govt to Lenders: 'Give Us More Time for Pension Reform'
The Greek government is pressing its international lenders to exclude the pension reform plan from the backlog of reforms that need to be completed before exiting the bailout program, Reuters reported. With the final review over its progress on the bailout...
Cyprus
Cyprus to Block Turkey's EU Talks After Provocations
Cyprus may proceed to block Turkey's European Union talks after its Exclusive Economic Zone (EEZ) was violated by a Turkish seismic vessel earlier this week. The decision was put forth yesterday among party leaders invited to a National Council...
Economy
Regling: ECB Review Will Clarify Greece's Funding Needs
The European banking sector review expected this coming Sunday, October 26, will clarify Greece's funding needs, said European Stability Mechanism (ESM) head Klaus Regling earlier today.
Regling also stressed that the Eurozone should keep the funds it is allocating for crisis...
Greece
Free Wi-Fi Hotspots in Greece by Mid 2015
The Greek Ministry of Infrastructure estimates that the first 4,000 free Wi-Fi hotspots will be ready in mid 2015.
The wi-fi hotspots will be initially providing free internet connection to 100 archaeological sites and museums, as well as 200 ports and...
Cyprus
Turkish-Cypriots Send Letter to UN to Relaunch Peace Talks
Turkish-Cypriot leader Dervis Eroglu has sent a letter to UN Secretary General Ban Ki-moon, calling for the re-launch of negotiations with the Greek-Cypriot administration.
According to a statement issued on Saturday, Eroglu called on the Greek-Cypriot side to return to the negotiating table.
The...
Greece
International Media On Scenarios of a SYRIZA Govt in Greece
International media flirt more and more with the scenario of opposition party SYRIZA being the next government in Greece, in a way “forcing” banks, economists and analysts to prepare reports and examine the positive or negative economic effects of such...
Economy
EU Commissioner: Europe Supports Greece
European Union's willingness to continue support Greece in order to ensure reasonable financing conditions after the end of the current program, was expressed today by European Commissioner for Economic and Monetary Affairs Jyrki Katainen.
"Greece has made immense progress in...
Greece
Greek Police Brutality Against Immigrants
Greece is a key entry and transit point for African, Asian and Middle Eastern migrants desperate to get to Europe in search of security and a better life. Now more than ever, the Greek state is under enormous pressure...