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Schaueble wants low interest loans: Germany mutates from tormentor to savior...

Germany will help the broke countries of the euro zone South: Spain, Portugal and Greece. Finance Minister Wolfgang Schaeuble plans that German state Development Bank KfW will give loans of  low...

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EUROSTAT: Austerity-hit countries pay for electricity & gas as much as the...

Good that there are statistics and we can base our complains on real facts and statistical data. Eurostat found out that household electricity and gas prices rose between the second half of 2011 and...

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EU’s “New Deal” for jobless youth: Serious intentions or just political...

United they stand, separately they may fall. High ranking EU officials and leaders of core member-countries are alarmed over the youth unemployment. France and Germany want a ‘New Deal’ for Europe’s...

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ERT solidarity letter from Portugal, signed by 78 personalities – also ex...

Jorge Sampaio, former President of Portugal,  and 77 personalities from politics and culture express their solidarity to Greece’s public broadcaster ERT and their opposition to the sudden shutdown...

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repost: ERT solidarity letter from Portugal, signed by 78 personalities –...

KTG re-posts the “ERT solidarity letter signed by 78 personalities from Portugal” – incl a former president of the country -, after several people complained they could not open to read the post and...

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EU wants hikes in V.A.T & other taxes in Greece, Portugal, Spain, Italy…

The gap between theory and practice… That’s the main problem of institutional technocrats seeking solutions to countries where real people live in. They just don’t get it. that their theoretical...

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EP vice president to investigate Troikas’ work in four eurozone countries

This is going to be an evaluation, not a condemnation”, stresses Othmar Karas, Vice President of the European Parliament, who will lead the parliamentary inquiry into the work of the troika in Greece,...

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EUobserver: bailout advisers to Troika – the multi-million unholy business...

Who are the advisers to Troika who rule over our austerity-hit lives? In Greece, in Portugal, in Ireland, in Cyprus and Spain? How do they get the jobs and the contracts? How much are they being paid...

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European Parliament points conflict of interest within the Troika of IMF, EU,...

The European Commission and the European Central Bank had conflicting interests when they acted within the troika of international lenders in bailed out countries, Members of European Parliament say....

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MEP Cerkas:Troika’s austerity caused a “social tsunami” and “acted like...

The troika caused a social tsunami in Greece, Cyprus, Portugal and Ireland. This is the result of the members of the Employment Committee of the European Parliament who have investigated the impact of...

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Merkel in self-pity claims she was “victim” of austerity policies in the Euro...

German Chancellor Angela Merkel defended the harsh austerity policies implemented in the debt-ridden countries of the euro zone claiming she did “the right thing.” She even presented herself as a...

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25-year-old theft victim dies after falling 20m from rock of Philopappou Hill

Greek police investigates the death of a 25-year-old Greek who fell from the rocks of Philopappou Hill in central Athens, on Wednesday night. The young man was there with his 23-year-old girl friend...

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Portugal “ready to receive refugees from Greece,” says minister Cabrita

Portugal is to discuss with Greece how refugee reception is to be carried out by the Greek authorities, the minister of internal administration Eduardo Cabrita said on Tuesday. Eduardo Cabrita, who...

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Lagarde urges EU South countries to fight youth unemployment with “reforms”

Managing Director of International Monetary Fund, Christine Lagarde, urged the countries of the European South to proceed with the famous “structural reforms” in order to combat the high rates of youth...

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Contactless mobile banking service Apple Pay is coming to Greece

Mobile banking Apple Pay is expanding its service to several European countries and is to come also to Greece soon. Mobile banking service N26 on March 27 on its Twitter account announced that Apple...

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Eurobond: “German and Dutch cowardice” is shocking, says Greece

“The cowardice and lack of vision displayed by northern EU countries, such as Germany and the Netherlands, were grist to the mill of the eurosceptics,” Greek Environment and Energy Minister Kostis...

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EU approves coronavirus state support for Greece, Portugal, Poland

The European Commission has approved a series of multi-billion-euro state support packages for Greece, Poland and Portugal to help soften the economic impact of the coronavirus through grants and loan...

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Greece has “good chances” of opening to tourism soon, says TUI

Greece, as well as Cyprus, Bulgaria and Portugal, have “good chances” of opening up to tourism soon, said Fritz Joussen, executive chairman of German tourism group TUI. These countries sought talks...

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49 unaccompanied refugee minors left Greece for Finland and Portugal

Forty-nine unaccompanied refugee minors have left Greece for Finland and Portugal in the last two days. The two groups left in the framework of the relocation of a total of 1,600 unaccompanied minors...

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Greece exposed to increased risks from climate change, says ECB-ESRB report

Banks in Greece, Spain and Portugal face increased risks from the climate change, according to a joint report by the European Central Bank (ECB) and the European Systemic Risk Board (ESRB) published on...

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