European Commission

The European Commission on Friday called on Schengen member states and allied states to extend the temporary restriction on non-essential travel to the EU for another 30 days, until June 15. Initially, unnecessary travel to the EU was banned until...

The Greek economy is set to contract by 9.7 percent in 2020 because of the Covid-19 pandemic, the European Commission forecast on Wednesday. Greece, along with Italy, Spain and Portugal will be among the hardest hit nations by the economic...

As a measure to aid EU Member States suffering from the coronavirus pandemic and its tremendous impact on their economies, the European Commission announced on Friday that state budget rules are eased. In order to aid people and companies, the...

Greek Prime Minister Kyriakos Mitsotakis was expected to announce that all flights would be banned as of Sunday in Thursday's address to the Greek people regarding further measures to curb the spread of the coronavirus. However, new media reports in...

The European Commission presented on Wednesday the immediate measures the Union will put into force in order to assist Greece due to the extraordinary situation along its external borders with Turkey. Margaritis Schinas, Vice-President for Promoting our European Way of Life,...

The European Commission must now reverse part of its agricultural policy and return approximately 280 million euros to the Greek state in the near future. This was decided on Friday by the European Union's Court of Justice, after Greece had...

The European Commission published its Winter 2020 Economic Forecast on Thursday, showing Brussels' projections regarding growth rates for nations in the European Union for both 2020 and 2021. The European Executive body noted in the report that ''The euro area...

The European Commission on Friday announced that it has approved the funding of an ultrafast broadband project in Greece worth 223 million euros. The monies will come from EU funds, that will provide fast internet access to almost 11 million...

The Greek economy is expected to grow by 1.8 percent this year and 2.3 percent in 2020, the European Commission said in its autumn forecasts released in Brussels on Thursday. The EU's executive body said it expected Greek GDP to...

The European Commission approved on Thursday a Greek plan to reduce its bad loans at the country's banks by up to 30 billion euros ($33.04 billion), saying that the proposal did not violate state aid rules. The plan, known as...