Tag Archives: EU

More and more European states are trying to attract rich Greeks and other European Union nationals suffering from overtaxation at home. According to a report: Cyprus, Malta, Ireland, Luxembourg, Monaco, Portugal and the Netherlands, as well as bigger countries such as France, Spain and Italy, are offering generous incentives to …

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Four projects to extend and improve the Athens Metro system are stimulating the economy and improving air quality in the Greek capital. The metro system, which currently consists of three connecting lines, has, over the last two decades, helped to transform the city’s transport by reducing traffic congestion, reducing smog …

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German Chancellor Angela Merkel is wary of business over-dependence on China. She is especially concerned about the Chinese investments in Greece where Cosco has been winning the cream of the cream in public privatization tenders. In an interview with German weekly magazine WirtschaftsWoche, Merkel said Europe needed to be wary about …

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UN-sponsored Cyprus talks at Crans-Montana, Switzerland, stalled on Thursday as the Turkish side insists to promote EU freedoms for the Turkish settlers in the occupied north part of the island. The issue triggered the intervention of  Maarten Verwey, Director General of the Structural Reform Support Service of the European Commission, …

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European Commissioner for Economic and Financial Affairs, Pierre Moscovici, said that Greece needs to still legislate a few more fiscal measures but also measures to modernize the public administration and state services. He did acknowledge that the bulk of austerity measures Greece legislated in May were sufficient for the country …

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About three million EU citizens living in the UK would be allowed to stay after Brexit, Theresa May has proposed at the European Union Summit on Thursday.  A new “UK settled status” would grant EU migrants who had lived in the UK for five years rights to stay and access …

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As expected, China welcomed Greece’s move to block a European Union statement on the country’s human rights record. “Chinese experts on Sunday called for fairness and greater understanding of human rights record in China, Chinese Global Times writes. According to the experts and analysts, China and EU have different approach …

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Greece has blocked a European Union statement at the United Nations criticising China’s human rights record, a decision EU diplomats said undermined efforts to confront Beijing’s crackdown on activists and dissidents. The EU, which seeks to promote free speech and end capital punishment around the world, was due to make …

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Greek shippers intend to discuss the extension of their voluntary economic contribution to the state into 2018 in the context of an extraordinary general meeting of the Union of Greek Shipowners (EEE) scheduled for June 26. Sources told Kathimerini that the extension of this optional levy is all but certain, …

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From Eurogroup to Eurogroup… key is a political solution at the next European Union Summit…. Greek government has given up hope for a solution to the Greek problem at the Eurogroup meeting on June 15. The EU Summit is scheduled for June 22-23 2017. “A solution that leads the country …

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Greek police dismantled a human trafficking ring involved in the transport of migrants to European Union countries as well as to Canada. Twelve people in total were arrested in an operation that took place May 30-31 in three cities Athens, Thessaloniki and Katerini. Among the arrested are five Greeks, four …

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Europeans reportedly work on a Plan B for Greece. Who are exactly these “Europeans” I cannot tell you. The “European” creditors incl German Finance Minister Wolfgang Schaeuble? The “Europeans” of the European Commission and Commissioner Pierre Moscovici? Some other “Europeans” who have a saying but stay behind the stage? It …

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US-based international aid agency Mercy Corps suspended two employees until an investigation conducted by Greek authorities concludes. The investigation follows claims that workers at the NGO had sexually harassed migrants in Greece’s reception centers and had misused funds aiming to the welfare of refugees and migrants. “Mercy Corps is investigating …

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Decisions taken by the eurozone finance minister at the Eurogroup on Monday were supposed to be from ‘good’ to ‘excellent’. What really happened was a long meeting that ended in suspending the meeting and postponing the decisions for three weeks later. Not only there was no decision on debt relief. …

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“The EU and the euro always commanded the support of the majority of European citizens.” President of the European Central Bank, Mario Draghi said on Thursday. Draghi was speaking during a ceremony where he received a honorary doctorate form the University of Tel Aviv. Key highlights from Mario Draghi’s speech: …

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Turkish President Recep Tayyip Erdogan has a major problem. He cannot understand how the European Union supports indebted countries like Greece, while it has a strong and flourishing country like Turkey waiting at the entrance door for 54 years. Speaking on Thursday at a council of TUSIAD, Turkey’s largest business …

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The European Union has suspended funding to a non-government organization (NGO) aiding refugees in Greece pending an investigation into allegations of sexual exploitation and financial corruption, a spokesman for European Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides has said. “Although these remain allegations under investigation, the Commission is …

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Turkish aircraft and helicopters illegally entered Greece’s airspace 141 times on May 15, the Hellenic National Defence General Staff reported. Airspace violations are a common practice by Ankara to reiterates its unfounded claims in the Aegean Sea. 20 Turkish F-16, 5 CN-235 maritime surveillance aircraft and 19 helicopters entered the …

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First of all, a warning! A warning about the comprehension of the European Commission press release and of the initiative of the European Citizens’ Initiative entitled “Let us reduce the wage and economic differences that tear the EU apart.” Commission Press release Commission registers European Citizens’ Initiative entitled ‘Let us …

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Greek government borrowing costs hit their lowest level in more than five years this week, investors speculate that Athens may soon end the exile from bond markets.  The Greek government signals return to the markets can happen already in summer 2017, short after creditors disburse the 7-billion euro bailout tranche …

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