Europe

Former Estonian president, Toomas Hendrik Ilves, claimed his country showed “responsibility and dedication” towards the European Union during the time of the Greek crisis and paid a big price for it. Speaking on BBC Radio 4’s ‘Europe Unbound’, Mr Ilves...

Today Troika completed its final review of the economic situation of Ireland. According to Troika, Ireland is now ready to exit its bailout program; it is the first European country to achieve this. According to the official report from the...

Eurozone authorities are preparing a broad, multiple-nation bailout package including a modified program for Greece, a second bailout for Spain and an initial program for Cyprus, Germany΄s Financial Times Deutschland reported over the weekend, citing Eurozone sources. Fresh support measures...

A new program 'Go Greek for a Week' premieres on Channel 4 of the United Kingdom that will present three British families trying out the tax, pensions, and work practices that caused Greece's economic crisis and brought on the...

George Osborne was forced to deny reports that world leaders were preparing for Greece to go bust immediately. The Chancellor issued a hastily drafted statement after a highly placed British Treasury official outlined behind-the-scenes moves to allow Greece to...

German Chancellor Angela Merkel is leaving office after 16 years, receiving favorable  assessment internationally, the same has not been forthcoming from Greece. According to the Pew Research Center, the departing German Chancellor has been rated positively in almost all of the...

The Greek Embassy in Sofia, Bulgaria, sent out an official statement pointing out Greece’s contribution to the Bulgarian economy, describing it as a country that strongly backed Bulgaria’s legitimate accession in the European Union. Furthermore, the statement noted that Greece had...

A group of Greeks interrupted German Chancellor Angela Merkel’s speech in Berlin on Saturday morning. The Greek solidarity activists entered the venue where the speech was taking place, shouting in Greek and holding homemade signs with the word “OXI”...

Solidarity rallies have been scheduled to take place over the last couple of days in cities across Europe, in order for people to show their support toward Greece in light of the July 5 referendum. On Sunday, Greeks are called...

With Greece and its shaky future on the European table and the German press “embellishing” almost all of its top headlines with indirect comments about Greece’s controversial bailout program, an anonymous writer took the initiative to target the Greek family business “Restaurant...

The construction of the 303-million-euro ($383 million) glass diamond-shaped skyscraper in the heart of Istanbul, Turkey,  is due to be completed. The pompous building will be the headquarters of Finansbank AS and for the Turkish bank's Greek owner, National...

Martin Kotthaus, a spokesman for Finance Minister Wolfgang Schaeuble, denied that a report published by the German newspaper Die Zeit is true. The article in question said that Germany is working on a new aid package for Greece, but...

Eurozone chairman and Luxemburg Prime Minister, Jean-Claude Juncker, warned Greece that extra leeway does not mean revisiting the whole bailout program. In fact, he stated that the memorandum terms will remain more or less the same in his interview...

 A new Financial Times article brings a fresh idea to the table. Under the title “Greece’s exit may become the euro’s envy,” writer Arvind Subramanian expresses a radical view, saying that despite the initial destructive effects of the default, the...

Greece must accept the terms as set by its partners since it’s made big mistakes, claims PASOK leader Evangelos Venizelos in an interview with German magazine Der Spiegel, assuring our lenders that “they will have their money back.” “We are...