Greece

The President of Democracy Karolos Papoulias met with his German counterpart Joachim Gauck earlier today and noted that Greece and Germany have a...

According to a study conducted by German think tank CEP that was published today by Deutsche Welle, the financial crisis is beginning to affect northern European countries such as Finland and Belgium, which have seen their credit rating affected by the prolonged crisis in the north. Perhaps the more interesting finds of the study concerned […]

The President of the Eurogroup Jeroen Dijsselbloem addressed the reservations of northern European countries regarding the possibility of further financial assistance to Greece and claimed that the reform efforts in Greece are contributing towards a significant improvement of the business climate. The Dutch Finance Minister, who appeared at an OECD seminar on the future of […]

A high-ranking European officer expressed his surprise at the Greek government’s “confidence” with regards to the primary surplus from 2013 and noted that it is too soon for the Eurostat to have a clear picture of what the primary surplus will actually be. While the officer admits that he hopes that the Greek government is […]

The German Minister of Finances Wolfgang Schäuble gave an interview to the international news agency Reuters about how the IMF contributed towards increasing the credibility of European policy against the crisis. In the interview the German Minister claimed that the debt crisis in the Eurozone has “calmed down” and that he does not expect any […]

The Organization for Economic Co-operation and Development (OECD) has admitted that it was excessively optimistic and made some mistakes in the estimations of the GDP progress of its member states. In a “post mortem” report that was presented at the LSE in London on Tuesday, the OECD sought to examine its forecasts during and after […]

The Reporters Without Borders published their annual Press Freedom Index, according to which Greece dropped by 14 positions since last year (and 50 since 2007) and now ranks 99th in the world, the second before last amongst EU members. The organization attributes the significant decline to the sudden shut down of ERT in June 2013, […]

The government Vice President Evangelos Venizelos has responded to comments made by the SPD president, Vice Chancellor and Minister of Finances Sigmar Gabriel, who claimed that Greece is badly organized state and only managed to join the Euro in 2001 thanks to falsified divs. Mr. Venizelos stated that “Greece is state with problems just like […]

The European Commissioner for Human Rights has demanded from the Greek EU presidency to take initiatives to address the refugee situation, while expressing its concern about the allegations of refugees illegally being pushed back into Turkey. The Commissioner maintains that Syrian asylum seekers who reach the borders of EU member states are under the responsibility […]

The European statistics authority Eurostat has announced that according to its latest set of divs, the rate of unemployment in Greece during October 2013 climbed to 27.8% from the 27.7% rate in September. Overall the rate of unemployment in the Eurozone between October and December 2013 remained stable at 12%, while the rate of unemployment […]

The Human Rights Watch published its 2014 World Report on Tuesday, wherein it criticized Greece and EU for not taking the necessary coordinated action to address the increasing intolerance and violations against human rights. The report’s chapter on Greece is quite revealing, with the Human Rights Watch documenting 104 attacks against immigrants from the start […]

According to a study conducted by Public Issue and published in the Efimerida ton Syntakton newspaper, the dominant elements of contemporary Greek society are the feeling of insecurity, low expectations and the depreciation of the state. The study shows that up to 75% of Greek people feel insure and 70% estimate that “things are heading […]

The Budget Office of Parliament published a progress report regarding the financial developments in Greece and the Eurozone, where it is revealed that Greece has not yet overcome their serious financial problems. As a result, new fiscal rules in the Eurozone are necessary. The report is based on the intention of Greece remaining within the […]

The ongoing financial crisis and recession of the Greek economy is forcing thousands of Greek citizens to migrate to other European countries in search of job opportunities and better working conditions. Tens of thousands of doctors and engineers are abandoning Greece, with the USA and European countries such as Germany and Great Britain being the […]

The Prime Minister Antonis Samaras addressed the European Parliamentary Assembly in Strasbourg today and stressed that Greece has kept its promises and “delivered”, while avoiding a default with the help of Europe. Mr. Samaras, who was accompanied by his consultants Chrysanthos Lazaridis and Stavros Papastavrou, maintained in his speech that Greece suffered due to three […]

The mayors of Filiata, Pogoni, Konitsa, Nestorio, Kastoria and Prespes have united their voices and requested to see the Prime Minister and Ministers of Public Order and National Defense to discuss tackling crime along the Greek-Albanian border. In their open, the mayors explain that border security is lacking, allowing criminals to enter Greece at will […]

For the next six months Greece will be at the helm of the European Union, for the sixth time since the country was accepted in the EU. Over the next six months Athens will host 14 ministerial synods, 35 high-level meetings, 57 working group meetings and 33 conferences or seminars. The Prime Minister Antonis Samaras […]

According to the Irish Examiner, Ireland is rumored to have agreed to pay 126 million euros Greece over the next few years, as part of the agreement of the midterm financial strategy plan. Now that Ireland has officially exited its rescue program and become a “normal” Eurozone member, the Irish Central Bank must comply with […]

The Monday edition of the Financial Times includes an article on the German coalition government’s sustainability plans, where the newspaper’s analysts estimating the Greece will either go bankrupt or return to the drachma within the next four years. According to the article, the German coalition government will have to break its promises to its voters […]

Japanese investment firm Japonica has issued an open letter to international policy makers on why Greece deserves an A+ Rating. In its letter the Japanese firm explains that Greece has achieved one of the greatest fiscal consolidation of public finances in history, which in itself is worthy of an A+ rating. The Japanese firm further […]