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European Union

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[...]