The European Commissioner responsible for economic issues Olli Rehn, responding to questions in the European Parliament, said it’s possible that the Greek minimum wage, already reduced to 586 euros ($761) a month could be cut again next year, although Greek Prime Minister Antonis Samaras has vowed no more austerity measures. Nikos Chountis, a Member of [...]
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Barroso Tells Anastasiades: No More Money
European Commission President Jose Manuel Barroso has written Cypriot President Nicos Anastasiades that the island’s beleaguered government won’t be getting any more financial aid beyond the 10 billion euros ($13 billion) pledged by international lenders, which includes the European Union. Anastasiades had written Barroso to explore the possibilities of Cyprus receiving funding from various funding [...]
Chountis Questions Eurozone Chief’s Standing
Nikos Chountis, a Member of the European Parliament from Greece’s major opposition Coalition of the Radical Left (SYRIZA) challenged the competency of Eurozone chief Jeroen Dijsselbloem for his support of partially confiscating the bank accounts of Cypriots to help pay for a bailout for the country’s battered economy. Chountis also accused Germany of being behind [...]
MEP Papastamkos Faints During EP Session
Giorgos Papastamkos, Vice-President of the European Parliament, fainted on March 13 during a plenary session. The voting session was about amendments in Common Agricultural Policy (CAP). The debate was severe as CAP is the single largest recipient of the EU budget. Traditionally, countries of the South with vast agricultural population want to keep it vivid, while countries of the [...]
EC Vice-President Tajani in Greece
Antonio Tajani, Vice-President of the European Commission, traveled to Greece on March 11, to take part in an event for small and medium companies SMEs, to promote international partnership. Along with him, representatives of European SME traveled to meet their Greek counterparts and discuss possible initiatives. During his visit, Tajani referred to the reforms undertaken by Greece the [...]
Troika Says Greek Tax Collection Flawed
The European Union and International Monetary Fund, who, along with the European Central Bank, make up Greece’s Troika of lenders of last resort, have issued a report damning the country’s tax collection system as broken. To indicate the size of the problem, the report takes the example of “big business tax collection office.” an office created [...]
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05 / 23 New Bridge Between Turkey and Greece
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05 / 23 Post-Byzantine Art At Budapest University
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05 / 23 EU Withdraws Ban On Olive Oil Bottles
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05 / 23 Georges Moustaki Dies at 79
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05 / 22 Greek Participation in Vienna’s Long Night of Churches
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08 / 04 Turkish Prime Minister Erdogan Reportedly Claims Olympic Flame is Turkish
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01 / 24 Intercultural Association Macedonia Cuts Vasilopita
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07 / 28 IOC President Jacques Rogge Calls London Home of The Olympics; Forgets Greece
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05 / 03 Skopje: Streets Renamed With Ancient Greek Names
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05 / 22 Philip II of Macedonia Statue in Skopje Defies NATO
