Tag Archives: portugal

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 July 1. Greece and other southern EU countries are exposed to increased risks, on the one hand …

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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 to other european countries. 24 unaccompanied refugee minors departed Athens fro relocation to Finland on Wednesday. The …

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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 with TUI and are preparing “very intensively for the return of tourists,” Joussen told Der Spiegel magazine, in an …

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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 guarantees. The Commission, which enforces EU anti-trust regulation, loosened its rules last month to allow EU governments to support businesses …

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“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 Hatzidakis said on Monday about the resistance of some EU countries to the issuance a Eurobond, or so-called Coronabond, …

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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 Pay will soon be available in Estonia, Greece, Portugal, Slovakia, and Slovenia, one day after revealing …

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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 unemployment. Of course, she forgot that the reforms the IMF enforced to these countries sent thousands of Greeks, Portuguese …

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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 began a two-day official visit to Greece on Monday, said Portugal was ready to receive migrants from refugee camps …

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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 who is from Portugal. The couple was reportedly approached by three men around 11 o’ clock at …

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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 “victim”, complaining about being target of insults in Greece and Portugal. In a self-righteous and self-pity performance, she insulted the …

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Portugal’s Finance Minister, socialist Mario Centeno won the Eurogroup presidency in two rounds of voting in Brussels Monday afternoon! The Latvian and Slovak finance ministers dropped out after the first round. Centeno won in a head to head against Luxemburg’s Pierre Gramegna. 51-year-old Mario Centeno is an economist and academic  …

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Scotland Yard is looking for the secret of British toddler Madeleine McCann in Athens after a witness contacted the team Grange. A Greek newspaper revealed that a German citizen living in Athens contacted  “Team Grange” claiming he had information about the case as he was in nearby area when 3-year-old …

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Are you currently a volunteer working with refugees in Greece or Portugal? Do you want to know how to prevent burn-out, develop professional skills and  process with work efficiency? For the second year volunteers and front line workers working with refugees have the opportunity to receive pro-bono support from professional …

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Portugal won the 62nd competition of Eurovision 2017 with a love ballad. Portugal won the Eurovision  for the first time in the history of the contest. Salvador Sobral, 27, won with his love ballad Amar Pelos Dois, which was written by his sister. He said on receiving the trophy: “We …

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The hell broke out in the European Union , the eurozone, the Eugroup and the European Parliament. Acting Dutch finance minister and head of Eurogroup, Jeroen Dijsselbloem, has been obviously suffering from a nervous breakdown since the Dutch elections last week. Instead of staying home and cry, he gave an …

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Director of the European Department of the International Monetary Fund Poul Thomsen estimates that it will take 21 years until unemployment will return to levels before Greece was hit by the economic crisis. Thoomsen’s shocking revelation was made during a book presentation At Atlantic council in Washington, USA. Thomsen presented …

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The European Union should discuss debt relief for Greece and potentially move ahead even without the International Monetary Fund, Portuguese Finance Minister Mario Centeno said in an interview published Tuesday by the Bild newspaper. “We have to start this discussion,” the German newspaper quoted Centeno as saying. Eurozone finance ministers …

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An important decision for the protection of human rights in times of bailouts and austerity. For the first time, the European Court of Justice explicitly stated that the European institutions and in particular the European Commission are bound by the EU Charter of Fundamental Rights and are obliged to protect …

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We always knew that the problem of German finance Minister Wolfgang Schaeuble with Greece was the left-wing government SYRIZA and that his former Greek counterpart Yanis Varoufakis was the red cloth in front of the eyes of a raging bull. Now it is confirmed. the Austerity-obsessed German minister practically ‘rescued’ …

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The much awaited report of the International Monetary Fund’s independent  watchdog (Independent Evaluation Office- ΙΕΟ) is out: 700 pages featuring one by one all the errors, mistakes, miscalculations in the design and implementation of the IMF’s programs in Greece, Ireland and Portugal 2010-2011 and the way it handled the crises …

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