European Commission
Economy
Greece Facing Possible EU Yacht-Tax Probe
Greece has two months to respond to the European Commission after it claimed the country was breaking rules on value-added tax (VAT) in the private boat sector.
Along with Malta and Cyprus, Greece needs to explain its tax regime on...
Diplomacy
EU: Turkey Needs to Respect the Sovereignty of EU Member-States
The European Commission is closely monitoring the situation in the Aegean, Commission spokesman Margaritis Schinas said on Tuesday, while warning Turkey of the need to respect the sovereignty of EU member-states.
Schinas was commenting on the incident involving two vessels...
Business
EU Poll: Greeks Overwhelmingly Convinced of Widespread Corruption
Corruption in Greece is an ongoing political issue, that has been debated to death over the past 35 years. Now a new EU Commission "Eurobarometer" poll places Greece second only behind Cyprus in corruption perception in business, in the...
Europe
European Commission President Mistakenly Calls FYROM, ‘Macedonia’ (video)
European Commission President Jean-Claude Juncker accidentally called the Former Yugoslav Republic of Macedonia, "Macedonia", before he showed his embarrassment with a goofy grimace.
Juncker's slip of the tongue came during a press briefing after a meeting with FYROM Prime Minister...
Economy
EU Official: Too Early for Greece to Speak of "Clean Exit" from Bailout Program
Declan Costello, the European Commission mission chief for Greece's bailout program, said on Tuesday that it is too early for Athens to speak of a "clean exit" from the rescue agreement.
Speaking at the American-Hellenic Chamber of Commerce, the Irish...
Greece
Relief for Greeks: ‘The EU is Not Banning Gyros or Kebab’
The European Commission has denied reports it plans to ban gyros and kebab.
A spokesperson reacted to the media reports on the use of phosphates in food and told New Europe: “Let us be clear. The EU is not banning...
Europe
EU Commission Welcomes German Clarifications on Controls for Greek Flights, Bertaud Says
The European Commission on Thursday said it welcomed clarifications provided by Germany during a trilateral meeting at expert level regarding the controls conducted at German airports on flights arriving from Greece.
European Commission spokesperson for migration issues Natasha Bertaud said...
Greece
EU Gives Green Light for Tsipras' Welfare Benefit Handouts
Prime Minister Alexis Tsipras' recent statements announcing the distribution of one-off welfare benefits totaling 1.4 billion euros are not in contradiction with what has been agreed on, the European Commission said on Tuesday.
Asked to comment on the prime minister's...
Economy
EU Official: Hellinikon Investment a "Symbol of Mismanagement and Delay"
The Hellinikon investment project is a "symbol of mismanagement and delay," said a European Commission official on Thursday, according to a Kathimerini newspaper report.
The EU official briefed journalists before Monday's meeting of eurozone finance ministers in Brussels. Even though...
Economy
Greek VAT Losses at €5 Billion, European Commission Report Says
Uncollected VAT revenues in Greece for 2015 are estimated at 5 billion euros, according to a report by the European Commission.
The report places Greece among the top three countries with the highest VAT Gap in terms of percentage...