Tag: Greece

The sudden closure of the Greek public broadcaster ERT has shattered the cohesion of the coalition government, with some political observers saying it could force early elections in the debt-ridden nation. EurActiv Greece reports.

Athens announced the surprise closure with immediate effect of its state broadcaster on Tuesday evening (11 June), in a desperate move to slash public sector jobs and meet the terms of a bailout imposed by the Troika of international creditors – the European Commission, the European Central Bank and the International Monetary Fund.

Migration policy in the EU must incorporate a human rights approach instead of solely focusing on security concerns, a UN Human Rights Council report states.

Greece's coalition government is divided over a draft law introduced by Justice Minister Antonis Roupakiotis, which aims to combat the increasing racist attacks in the debt-ridden nation. EurActiv Greece reports. 

Greek youth unemployment shot to a record 64% in February, underscoring the dire state of the recession-hit economy despite signs of improving business sentiment.

In the wake of a Commission report on Macedonia that underlines the country's "good" relations with its neighbours, the Foreign Ministry removed information from its website that was seen as irredentist by Bulgaria and Greece.

Greece's Socialist party needs to cooperate with the members of the leftist Syriza coaltion for the creation of a future alliance, said Hannes Swoboda, leader of the Socialists and Democrats in the European Parliament. EurActiv Greece reports.

Turkish President Abdullah Gul said on Wednesday (3 March) the financial crisis in Cyprus presented an "important opportunity" to end the division of the island, split between the Greek Cypriot south and Turkish north.

Nabucco West and the Trans Adriatic Pipeline (TAP), the two companies competing for Azerbaijani gas projects, have issued simultaneous statements today (29 March) that they have submitted the final package supporting their bids. The Shah Deniz consortium will chose between the two in June.

Nabucco West and the Trans Adriatic Pipeline (TAP), the two planned projects competing for Azeribaijani gas, have both signed agreements with the Trans-Anatolia Gas Pipeline (TANAP) between Turkey and Azerbaijan.

By January 2014 Greece will be much closer to exiting the sovereign debt crisis than today - and its EU Presidency will be organised in the best possible way, Dimitris Kourkoulas, the Greek deputy foreign minister told EurActiv in an exclusive interview.

As Europe turns a blind eye to the immigration crisis, many impoverished foreigners find themselves trapped in an economically crippled country that can't sustain them, says Hatef Mokhtar.

Greece could generate budget revenues amounting to 5% of national output annually if it reforms tax collection and clamps down on tax cheats, the European Union's tax chief, Algirdas Šemeta, told a Greek newspaper.

Eurozone finance ministers and the International Monetary Fund (IMF) nailed down an agreement on reducing Greece's debt on Monday (26 November) in a breakthrough that will release urgently needed loans to keep the near-bankrupt economy afloat.

Eurozone finance ministers and the International Monetary Fund (IMF) will seek to unfreeze the second bailout package for Greece on Monday (26 November), but they first need to agree whetehr some of the official loans to Athens might eventually be forgiven to cut Greek debt.

Eurozone governments and the International Monetary Fund (IMF) are making headway in settling a row over how to make Greece's debt manageable, Eurogroup President Jean-Claude Juncker said on Saturday (17 November).

Greece's international lenders agreed on Monday (12 November) to give the country two more years to meet its debt-reduction targets, leaving a funding hole of €32.6 billion in the country's finances up to 2016. A further meeting on 20 November will decide on how to fill that gap.

Greece's government voted by a razor-thin margin today (8 November) to approve an austerity package needed to unlock vital aid and avert bankruptcy, despite an internal rift and violent protests at the gates of parliament.

A Greek journalist who published the names of more than 2,000 of his compatriots who held Swiss bank accounts was acquitted on Thursday (1 November) in a case that touched a nerve over the role of tax evasion in the country's debt crisis.

A Greek journalist is facing trial after having published a list of people with Swiss bank accounts, which the Greek government appears to have tried to cover up. EurActiv Greece reports. 

Chancellor Angela Merkel has ruled out letting Greece default on its debt, in the latest sign Berlin is softening its stance towards Athens ahead of an eagerly awaited report on its reform progress from the "troika" of international lenders.