European Commission

While more than 68,000 businesses have closed since Greece's crushing economic crisis and austerity measures began in 2010, one of two Greeks still wants to run their own business, according to the latest Flash Eurobarometer 354 Entrepreneurship in the...

European Commissioner for Energy  Günther H. Oettinger has reiterated that there will not be any new taxes imposed on renewable sources of energy, in response to a question from Nikos Chountis, a Greek Member of the European Parliament from...

Despite big cutbacks in defense spending during Greece's crushing economic crisis, “Military Service is and will remain mandatory,” National Defence Minister Panos Panagiotopoulos said in answer to a recommendation from the European Commission that, “Greece should abolish its compulsory...

Greek Airlines Aegean has requested that the European Commission speed up the examination of its application to buy out rival Greek carrier Olympic Air from Marfin Investment Group, the country's leading airline announced as it presented its third-quarter...

Plans to give Greece extra time to meet deficit-cutting targets would open up a financing gap of around 15 billion euros ($19 billion) through 2014 and 17.6 billion euros in the two following years, the country’s creditors said. The “troika”...

Sweden's finance minister Anders Borg on Friday advised Greece that it would be better if they pulled out of the euro. "If it had to leave the eurozone, it would probably find its competitiveness once again, and then Greece could...

Cypriot Androulla Vassiliou, the European Commissioner for Education, Culture, Multilingualism and Youth, will address the 5th European Heritage Days Forum Oct. 15-16 in Nicosia. Launched in 1985,it has been organized annually every year since 1999 as a joint initiative between...

Ioannis Ikonomou, a translator for the European Commission and the most multi-lingual person in the European Union, was one of the speakers at the Multi-lingualism in Europe held from Sept. 27-28 in Cyprus, where it was urged that people...

The European Commission has temporarily approved a 1.8 billion euros ($2.33 billion) recapitalization of the troubled Cyprus Popular Bank and has given Cyprus six months to present a plan of reconstructing the institution before the EU decides on whether...

European Commissioner for Economic and Monetary Affairs, Olli Rehn, said that the estimated value of state-owned properties and entities in Greece that are going to be put up for sale or lease as part of a massive privatization plan...