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Tag Archives: Commission

EU report: Tensions in East Mediterranean increased due to Turkey

Tensions in the East Mediterranean region increased due to Turkey, an annual European Commission report on EU enlargement said on Tuesday, in its review of countries working towards accession to the union. In its report, the Commission said, “Tensions in the East Mediterranean region, undermining regional stability and security, increased …

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EU Commission approves a €748million tranche to Greece

Despite the effects of the coronavirus pandemic on its economy and society, “Greece has taken the necessary actions to achieve its due specific reform commitments”, the European Commission said in the sixth enhanced surveillance report on the country, released on Monday. The Commission recommended that the Eurogroup releases a tranche …

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Commission open to discuss “tax-free allowance,” says Vice Dombrovskis

The European Commission is open to discuss the issue of the tax-free income allowance, European Commission Vice President Valdis Dombrovskis said on Wednesday in an interview with euro2day.gr. “If there is fiscal space on top of achieving fiscal targets then we are open to discuss how the space will be …

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“Brussels Anonymous”: Greece at risk of not getting cash as reforms lag

Greece is at risk of not getting some 750 million euros next month that it won under a debt relief deal with the euro zone last year because it has not completed agreed reforms, euro zone officials told Reuters on Monday. The money is part of about 4.8 billion euros …

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EU measures to crackdown illegal Golden Visa schemes not adequate, say critics

Golden Visa schemes that sell citizenship and residency to the super rich threaten the EU’s collective security and integrity and attract criminals, the European Commission has warned. Twenty states, including Greece, the United Kingdom, Ireland and Spain, sell residency permits while Malta, Cyprus and Bulgaria currently offer “citizenship for sale” …

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Commission to give additional €45.6mn to Greece & Spain for migrants

The European Commission has awarded an additional €45.6 million in emergency assistance to support Spain and Greece respond to the migratory challenges they face. Spain will receive €25.6 million to improve the reception capacity for arrivals at its southern coast and in Ceuta and Melilla as well as to help …

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Greece has completed all 88 prior actions, EU compliance report says

Greece has completed all prior actions needed to conclude the fourth and final review of the Greek programme, according to a compliance report posted by the Directorate General for Economic and Financial Affairs on Wednesday. This opens up the path for approving the disbursement of the final tranche of loans …

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Commission report slams Turkey over human rights, relations to EU member-states

In one of its more critical reports towards Turkey, the European Commission urged Ankara to improve relations with EU member-states, lift the state of emergency as soon as possible and improve human rights. Turkey is taking “major steps” in the wrong direction and it is shifting towards authoritariarism, the Commission …

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EU Commission threatens Greece, Cyprus and Malta over V.A.T. on yachts

 The European Commission has put Malta, Greece and Cyprus on notice of infringement proceedings for not levying the correct amount of Value Added Tax on the provision of yachts.  And some wonder why this when an identical system is used in France. This issue can generate major distortions of competition and …

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Greece turns to EU, NATO and UN on Greek soldiers in Turkish custody

As the two Greek soldiers remain in custody in Turkish high-security prison in Edirne, Greece has turned to international organization on the issue hoping for a successful intervention. However, all the  European Union, the Commission and the NATO do, is to express hope of “good neighboring relations.” EU Foreign Affairs …

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Commission President Juncker takes a clear position on Imia incident

After a first European Union reaction, on Tuesday, at the peak of the Imia crisis between Greece and Turkey, the European commission finally came to its senses and took clear position in favor of the European Union member, Greece. European Commission President Jean-Claude Juncker has said “I am “strictly against …

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Commission to soon recommend end of excessive deficit procedure for Greece

The European Commission will recommend that Greece is removed from the excessive deficit procedure (EDP), European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Wednesday. Moscovici, amongst Athens’ most vocal supporters on the European stage, referred to impressive efforts to keep deficits down and post memorandum-mandated primary budget …

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