Tag Archives | European Commission

EU Takes Back 123.3M Euros From Greece

The European Commission said on May 2 that it is taking back 123.3 million euros ($162.3 million) from Greece in agricultural subsidies because the government had failed to properly monitor the account. In overall, EC is going to take back 230 million euros ($302.8 million)  from 14 member-states under the control of Common Agricultural Policy [...]

Troika Says Greek Tax Collection Flawed

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 [...]

EC Asks Romania to Pay Pensions to Greek Immigrants

The European Commission has requested Romania to comply with Regulation (EC) No 1408/71 and Regulation (EC) No 883/2004 on social security coordination when calculating the pension rights of Greek citizens who worked in Romania before its accession to the European Union. The Romanian authorities currently refuse to take into consideration the periods of work of Greek migrants before [...]

EFSF’s Regling Says Greece Needs Time

With two bailouts and three years of austerity measures failing to right Greece’s faltering economy, Klaus Regling, Chief Executive officer of the European Financial Stability Facility (EFSF) says the country will need more time before reforms work but he didn’t say how much. In an interview with the French newspaper Le Figaro, he also said [...]

EU Nixes Tax On Renewable Energy

European Commissioner for Energy  Günther H. Oettinger has reiterated that there will not be any new taxes imposed on renewable sources of energy, in response to a question from Nikos Chountis, a Greek Member of the European Parliament from the SYRIZA leftist party Chountis raised the question because he said Greece was going to implement [...]

Vassiliou Will Open European Heritage Days Forum

Cypriot Androulla Vassiliou, the European Commissioner for Education, Culture, Multilingualism and Youth, will address the 5th European Heritage Days Forum Oct. 15-16 in Nicosia. Launched in 1985,it has been organized annually every year since 1999 as a joint initiative between the European Commission and the Council of Europe. During these days, the 50 countries which [...]