Europe

The European Central Bank (ECB) meeting in Greece, left interest rates unchanged on Thursday, after an unprecedented streak of 10 consecutive rate hikes. The ECB has lifted rates by a combined 4.5 percentage points since July 2022 to combat runaway...

Christine Lagarde was voted by a majority of members of the European Parliament to become the next president of the European Central Bank (ECB) on Tuesday. Lagarde, who currently serves as chief of the International Monetary Fund, will replace Mario...

Athens' St. Catherine’s British Embassy School stood out at the "Generation €uro Students' Awards," a competition open to all secondary school students aged between 16 and 19 who are keen on learning more about economics and monetary policy issues, winning the...

A European Central Bank (ECB) Executive Board member, Jorg Asmussen, said it's critical for the stability of the Eurozone to finalize a bailout deal for Cyprus' faltering economy by the end of March, a month after the country's Presidential...

The European Central Bank is considering a plan to give back almost 9 billion euros ($11.52 billion) to Greece from the profits it makes through its holdings of Greek bonds as part of a scheme by international lenders to...

Mario Draghi, President of the ECB (European Central Bank), urged Greece to remain a member of the 17 member eurozone countries. He actually admitted that Greece's political turmoil may and can lead to its exit from the currency bloc. During...

  Russia’s House of Parliament has voted for further restrictions and fines on members of the LGBTQ society in the country. One of the authors of the law was Duma Speaker Vyacheslav Rodin. He supports this, he says, in order to...

Inflation in the Eurozone areas hit a record high of 10.6 percent in October, up from 9.9 percent in September, according to the data released by Eurostat on Thursday. A year earlier, the rate was 4.1 percent. This represents the...

The exchange rate between the euro and the US dollar is the same on Tuesday for the first time in 20 years. As of Tuesday morning Greek time, one euro is equal to exactly one dollar, meaning that the value...

Inflation in Greece jumped to 8 percent in March, and to 7.5 percent in the EU, according to preliminary data released on Friday by Eurostat, the statistical office of the European Union. The inflation rate in Greece was 7.2 percent...

The Greek War of Independence was the subject of an online lecture co-hosted by the Consulate General of Greece in Boston and College Year in Athens.

US Secretary of State Antony J. Blinken addressed the UN Security Council on Thursday on the situation in Ukraine as the world watches Russian troops that continue to mass on its border. Despite Russia's protestations that they are beginning to...

US Secretary of State Antony Blinken has expressed Washington’s support for exploratory contacts between Greece and Turkey.

The State Department said that the US supports "connecting distribution grids of Europe to Cyprus, Israel via EuroAsia Interconnector.”

The European Central Bank said it would spend 750 billion euros ($818 billion) buying government debt and private securities to fight the coronavirus crash. It will buy government and company debt across the eurozone, including that of troubled countries Greece...