Greece
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Germany

Refugee Pressure Builds on Serbia, Hungary

Pressure is building in Serbia and Hungary as officials brace for a new influx of refugees this week. U.N. officials in Serbia said they expect 7,000 refugees to cross from FYROM into southern Serbia in a 24-hour period between Tuesday...

Europe Braces for New Wave of Refugees

Europe is preparing for a new wave of refugees as word filters back to others that the passage through Hungary is now easier. Hundreds arrived Sunday at Vienna’s Westbahnhof station aboard trains from the Hungarian border, after officials in Hungary...

Austria, Germany Open Borders to Thousands of Migrants

Austria and Germany opened their borders Saturday to thousands of migrants traveling by bus or train or on foot to cross Austria and continue their journey to Germany. However, Hungary’s police chief said that authorities there would no longer provide...

Germany to Double Aid to Greece for Refugees to 2.4 Million Euros, Berlin Says

Germany plans to double aid currently given to Greece for dealing with the refugee crisis to 2.4 million euros, the German foreign ministry announced. "The foreign ministry is doubling to 2.4 million euros the sums given until now in the...

German Corporations in Alleged Financial Scandals in Greece

Several big German corporations are allegedly involved in corruption in Greece as former executives are to appear in Greek courts, according to an AFP report. Siemens, Daimler, Rheinmetall have allegedly bribed Greek politicians in order to get contracts in the...

Greece's Refugee Burden Lightens Some After Germany Suspends Dublin Treaty

Germany has suspended the EU's Dublin Regulation regarding asylum-seeking Syrian refugees and has stopped deporting them to the country of entry to Europe. This means that Greece will not have to register thousands of refugees who have crossed to...

German Bundestag Approves Greece's Bailout Agreement

The German Bundestag approved on Wednesday Greece's third bailout agreement after Chancellor Angela Merkel lobbied her party's lawmakers stressing that the deal is in Europe's interest. After a three-hour session, the majority of the German lower House voted in favor...

Bundesbank Optimistic About the Future of Greece's Economy

Germany's Central Bank, the Bundesbank, expressed an optimistic outlook on the Greek economy on Monday, Reuters reported. The Eurogroup agreed to a three-year 86-billion-euro bailout deal on Friday. The German parliament will vote to approve the bailout program on Wednesday, with the result of...

Finnish Foreign Minister: 'Greece to Trouble Eurozone for Decades'

Finland's eurosceptic Foreign Minister Timo Soini stated that he expects Greece to cause trouble to the Eurozone for many decades to come. He called on the International Monetary Fund (IMF) to participate in Greece's third bailout program. "Unfortunately, this problem will be...

German Company Set to Take Over Operations of 14 Greek Airports

Following the finalization of the third Greek bailout, privatizations and operation takeovers of Greek pubic assets are expected to recommence. Greek newspaper "Kathimerini" reported that German Fraport AG and Slentel Ltd will soon complete the takeover of the operation of 14 Greek airports. The...