Europe
Greece
Greek PM Tsipras Sends Leter Accepting Creditors Terms with Five Revisions
Greek Prime Minister Alexis Tsipras sent a letter late on Tuesday night ready to accept the conditions of a bailout proposed by Greece's creditors, according to the Financial Times.
The letter indicated that Greece will accept all its bailout creditors’ terms,...
Europe
Eurogroup: Strengthening the Euro after Greece Negotiations Break Up
When Greek Minister Yanis Varoufakis left the Eurogroup after the break-up of the negotiations, the remaining Eurogroup members held an informal meeting to discuss how to further strengthen the EMU and help the euro area to overcome the legacy...
Culture
Greek Actress Participating in 37th Moscow International Film Festival
“Orlean,” a feature film by famous Russian director Andrey Proshkin and award-winning screenwriter Yuriy Arabov attracted much attention in Moscow, while the fact that a Greek actress stars in the film has made Greeks in the Russian capital proud.
A...
Business
Russia to Discuss with EU about Greek Gas Pipeline
Russia is planning to hold a discussion with the European Commission, and in particular with Commissioner for Energy Union Maros Sefcovic, about the infrastructure construction outlook for transporting natural gas via the TurkStream and its extension, the South European...
Europe
EU to Use Drones, Submarines to Combat Migrant Smugglers
The European Union will use submarines, warships, drones and helicopters in an operation to gather intelligence on gangs who smuggle thousands of asylum-seekers to Europe from Libya, officials said on Monday.
EU foreign ministers agreed at a meeting in Luxembourg...
Economy
Here’s How the EU Plans to Strengthen Europe’s Monetary Union
Today, the five Presidents – European Commission President Jean-Claude Juncker, together with the President of the Euro Summit, Donald Tusk, the President of the Eurogroup, Jeroen Dijsselbloem, the President of the European Central Bank, Mario Draghi, and the President...
Economy
European Citizens Show Support to Greece with Rallies in Major Cities
Demonstrations supporting Greece in this difficult period took place in Berlin, Rome and Paris on Saturday, coinciding with Refugee Day.
In Berlin, Blockupy and German opposition leftist parties Die Linke and Die Grünen organized a large protest against austerity in Greece and...
Economy
When You've Got Nothing (or Everything) to Lose
Greece knows it. The EU knows it. Hell, we all know it wouldn’t work. This extend-and-pretend strategy of unending bailouts. No matter what emerges over the weekend or at Monday’s emergency summit in Brussels, Greece and Europe have reached the...
Economy
Belgians Join Solidarity March For Greek People
Over 50 organizations will hold a demonstration on Sunday, June 21, in Brussels, Belgium, to express their support to poverty-stricken Greece that is teetering on the edge of the Eurozone and protest against harsh austerity, in the framework of European...
Economy
Russia: ‘Greeks Did Not Ask For Cash’
"Greece has not asked Russia's Finance Ministry for financial assistance," Russian Deputy Finance Minister Sergei Storchak told Reuters on Thursday referring to Greek Prime Minister Alexis Tsipras' visit to St. Petersburg.
"Greece's Prime Minister is visiting Russia to discuss joint projects,...