Greece
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European Union

Bloomberg: Greece’s Highways are Smoother than its Finances

Cross the border to Greece from Bulgaria or Turkey and you move from narrow, potholed, lethal truck runs onto the wide and empty magic carpets of Greece΄s freeways. The financial crisis is global, but it΄s Greece that΄s a mess,...

NY Times: "Greece: The Back Door to Europe for Illegal Immigrants"

Another major newspaper reports on the increasing illegal migration through our Greek-Turkish borders. New York Times published a large article under the title “For Illegal Immigrants, Greek Border Offers a Back Door to Europe,” pointing out that our country...

Jens Weidmann: Greece Must Keep Bailout on Track

Greece must get its reform program back on track if the so-called troika of the European Union, IMF and European Central Bank judges that it has deviated from the plan, Bundesbank President Jens Weidmann was quoted as saying on...

Wells Fargo: Greek Exit from the Euro Could Be a ‘Lehman Event’ for Global Markets

"The European debt crisis is once again at a critical juncture ahead of the second Greek parliamentary election and as Spain appears to be nearing a possible European Union bailout. Benchmarking recent market moves against the prior episodes of the...

National Technical University of Athens Wins Cultural Heritage/Europa Nostra Prize

On June 1, the EU prize for Cultural Heritage/Europa Nostra was awarded. The ceremony took place in Lisbon, Portugal, with Greek-Cypriot Commissioner Androula Vassiliou announcing the six winners. Among them, there was one Greek project from the Architect School...

Deputy PM: Greece Will Run Out of Money in Six Weeks

Greek Deputy Prime Minister Theodoros Pangalos has warned that the country will run out of money within six weeks, unless it honors its bitterly-disputed EU bailout deal. Pangalos said he was "very much afraid of what is going to happen"...

Papademos Warns Against Europhobia Ahead of Elections

Greek prime minister Lucas Papademos has said that the country’s place in the European Union must be defended. Against a backdrop of deep debt, cuts and unemployment, Papademos warned against europhobia as Greeks prepare to vote in next month’s election. “The...

Christofias – Barroso Joint Conference

Preparations for the Cypriot Presidency are at an excellent state, EU Commission Presidenty Jose Manuel Barroso has said. According to a press release issued here on Wednesday, Barroso was speaking during a joint press conference with President of the Republic...

European "Union": Goodnight and Good Luck, Greece

"You either keep your word and push the mid-term program immediately or you will not be given the next trench", said Troika officials to George Papandreou and Evangelos Venizelos. Surely it must[...]