In an unexpected move but not a surprised one after the crushing defeat on the June 25 elections, Alexis Tsipras announced on Thursday noon that he resigns as leader of left-wing SYRIZA. He will not be a candidate in elections for the new party leadership, he added. This decision was …
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Greece’s future is “ominous, if Putin doesn’t stop the war, Maduro doesn’t send us oil”
Constantly soaring electricity and fuel prices, a double-digit inflation in the last few months (expected to be at 12% in May) Greek households and businesses are desperate. But what does the conservative government to get the situation under control, except distributing bags with peanuts in form of subsidies? Not much… …
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PM Mitsotakis is “extremely optimistic about the future of Greek economy”
Prime minister Kyriakos Mitsotsakis said he was extremely optimist abou tthe future of the Greek economy and named four basic reasons for it. The Greek economy withstood the onslaught of the coronavirus pandemic and is ready to revive, the PM said on Thursday, addressing the opening day of the Economist’s …
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NATO chief Stoltenberg warns of strains over alliance’s future
NATO’s breakdown is not inevitable — we can maintain it, and all the benefits we derive,” Secretary General of the North Atlantic Alliance, Jens Stoltenberg warned. “It is not certain that NATO will survive amid the deep divisions between the U.S. and Europe, Stoltenberg wrote in a guest op-ed for …
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EU needs to retain focus on citizens, say Greek FM at V4B4 meeting in Sounion
The European Union needs to retain its focus on citizens, not on some abstract forms, or be afraid of taking some bold steps,” Greek Foreign Minister, Nikos Kotzias said after the Visegrad-4 Balkan-4 Plus meeting in Sounion on Friday. In a joint press conference with Hungarian counterpart, Peter Szijjártó, Kotzias said …
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Eurogroup chief Centeno sees “enormous potential” in Greece, does’t exclude “possible debt relief measures”
“Greece has gone through a very long period of economic adjustment and is now preparing to stand on its own feet as the program is approaching its expiration in August,” Eurogroup President Mario Centeno told the Athens-Macedonian News Agency (ANA) in an interview on Tuesday, noting he sees “enormous potential” …
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Schaeuble leaves behind a toxic non-paper about the future of the euro zone
German finance minister Wolfgang Schaeuble left but not without leaving behind a legacy to his successor. In a non-paper, Schaeuble made his proposals on the future integration of the euro zone and the crucial role of the European Stability Mechanism. The ESM should increase its possibilities to support states threatened …
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“We are planning the next day for Greece,” says PM Tsipras
The summer of 2017 will be calmer but this was not a time for complacence, Prime Minister Alexis Tsipras said on Wednesday in an televised interview with Greece’s Alpha channel, one day after Greece’s successfully ventured forth to tap the markets. “We took an important step, which marks the beginning …
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Historic moment for UK and EU as May signs Brexit letter – Take the poll
Prime Minister Theresa May has signed the letter that will formally begin the UK’s departure from the European Union. Triggering Article 50 on Brexit is not welcome by everyone in UK. Please, take the poll for Brexit and EU. Giving official notice under Article 50 of the Lisbon Treaty, it …
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US Congressmen push Trump to block IMF participation from Greek bailout
Conservatives in Congress are pushing Donald Trump to block the International Monetary Fund from participating in a European-led bailout of Greece, as his administration signalled it would take a tougher line with global institutions. They say that the Europeans should solve the Greek crisis on their own not through the …
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Juncker: Greece’s prime minister loves me deeply, and so do Greeks
European Commission President Jean-Claude Juncker said on Wednesday he is the most popular European politician in Greece during a joint press conference with European Parliament President Antonio Tajani in Brussels, following the presentation of the Commission’s “White Paper” on the future of the EU. Asked by a journalist why he …
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Merkel in Athens: “I came to take a look into the future”
“I came here to take a look into the future and talk with new people with new ideas,” German Chancellor Angela Merkel said during a joint press conference with Greek Prime Minister Antonis Samaras, right upon her arrival in Athens. I have to apologize right away, though. It was not …
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Greek PM Papademos to Return to Academia After Elections
Greece΄s technocrat prime minister Lucas Papademos plans to resume his academic career after a snap election on May 6, a senior government official said, having secured a second bailout for the country. According to Reuters, a former vice president of the European Central Bank, Papademos took over as leader of …
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