European Union

A new restructuring of the Greek debt, an open debate on Germany’s responsibility towards the people of the European Union since World War II and the country’s straightforward participation in Greece’s recovery were Chatzimarkakis’s suggestions at the event on...

The European Union is going to ban small glass bottles used for serving olive oil in many restaurants across Europe, with the thought that refillable bottles cannot ensure the quality of the product. As ekathimerini reported, the EU executive said...

Cyprus' hopes of using potential gas reserves as a bargaining chip to trigger an international bailout is hitting an obstacle in Ankara as Turkish officials said they may challenge any move to do so, the news agency Reuters reported. The...

With a third year of harsh austerity measures in return for international bailouts in effect, a survey has found 94 percent of Greeks are against the conditions, although they continue to back the government which imposed them. The poll taken...

Despite its economic problems, Greece is still the most popular entry point for refugees trying to get into the European Union and has been inundated by waves of them. This year, that has included some 8,000 Syrians fleeing the...

The European Union won the Nobel Peace Prize for its long-term role in uniting the continent, the Norwegian Nobel Committee said on Friday, an award seen as morale boost for the bloc as it struggles to resolve its debt...

Greece will miss the five-year debt reduction target that underpins the country΄s 130 billion euro bailout, according to forecasts released by one of its main lenders on Tuesday. According to Reuters, the International Monetary Fund in its fiscal monitor report...

Greece will need a third arranged bailout with its international lenders after falling far short of its austerity programme targets, an IMF official told the Wall Street Journal in an interview published by Dow Jones Newswires. The Euro fell sharply...

Greece's international lenders won't discuss new aid for the country before October when they present a review of the country's bailout program to finance ministers from the region's single currency bloc, a European Union official said Wednesday as the...

The European Central Bank has moved to stave off Greece bankrupcty for the time being by guaranteeing additional emergency loans from the country's central bank, a German newspaper reported Saturday. The ECB's governing council decided at a meeting Thursday on...