Europe

The European Parliament recently adopted the world's first comprehensive regulation, known as the AI Act, on artificial intelligence. According to EU officials, this landmark and historic piece of legislation aims to ensure that AI systems that are developed, sold, or...

An innovative lighting solution for building illumination proposed by an Ukrainian engineer won the SME Youth Startup Competition 2023.

On Wednesday, Europe's Ariane 5 rocket took off from French Guiana, marking its final launch. The rocket successfully carried two military communications satellites into space. The European Space Agency (ESA) has relied on the Ariane 5 to be its workhorse...

A Chinese vase has sold for over four thousand times its estimated value after a frenzied bidding war in France. The item, believed to be a rare 18th century artifact, was bought for €7.7 million. The winning bidder paid...

A new Greece-Bulgaria gas pipeline that opened on Saturday promises to reduce dependency on Russian energy in the Balkans and make Greece a hub for energy in the region. The ceremony for the Greece-Bulgaria gas interconnector (IGB) was held in...

Piraeus Bank participated in a conference called ''The New Era of the Greek Financial Sector,'' which took place on September 24, concurrent with the international conference "Sibos 2019," now underway in London, England. The event was presented under the auspices...

Today, the five Presidents – European Commission President Jean-Claude Juncker, together with the President of the Euro Summit, Donald Tusk, the President of the Eurogroup, Jeroen Dijsselbloem, the President of the European Central Bank, Mario Draghi, and the President...

A study conducted by KPMG in all countries of the European Union on behalf of British American Tobacco, Imperial Tobacco, Japan Tobacco International and Philip Morris International showed that illicit trade of cigarettes has increased in Greece.  More specifically, the illicit trade...

The weakening of collective agreements, high levels of unemployment and the violation of fundamental social rights were the main social consequences in Greece, Cyprus, Portugal, and Ireland, the four countries subject to the Troika's programmes, said employment MEPs and...

The bread in southern Russia is going to acquire a Greek taste. Russian officials made this statement, after their meeting with the Deputy Minister of Development and Competitiveness Athanasios Skordas. Mr. Skordas attended along with the governor of Stavropol, Vladimir...

The leader of the Eurosceptic party alternative for Germany (AFD) Byrd Luke predicts an inevitable haircut due to lack of primary surplus. Luque Byrd declared that a new Greek debt relief is inevitable and added that Greece will exit the...

The online Spiegel publication support that the financial downturn is affecting mostly the middle class in Greece. This publication is connected to research made by Fragiska Megaloudi and Stelios Papardelas who are referring to problems that the economic crisis...

Greece proved to be the largest exporter among European countries for 2012. Greece’s exports reached 26.7 billion euros, according to the Secretary General of International Economic Relations and Development Cooperation Department, Panayiotis Michalos. According to the Secretary General of the...

A research paper from Conference Board shows that southern European countries have the lowest labor costs in the European Union, with those in Greece falling fastest because of austerity measures that have reduced the minimum wage and are scrapping...

Moscow's new Bitzka Park Mall, an 83,000-square meter area center, is going to feature Greek products when it opens in a few months, giving Russians a taste of Greece and a boost during its crushing economic crisis. "The current financial...