April 2, 2019
Economy
Unemployment in Greece fell to 18% in December 2018, the European Statistics Authority Eurostat announced on Monday. Greece’s rate is the highest in the European Union and the Eurozone area. Unemployment rate among young people (aged below 25 years) rose slightly to 39.5% in December from 39.4% in November. Unemployment …
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February 15, 2019
Economy
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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July 2, 2018
Politics, Refugees
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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June 29, 2018
Politics, World
Greece and Spain have agreed to accept returns of migrants registered via the Eurodac system and who have reached later Germany, Chancellor, Angela Merkel, announced on Friday in Brussels after meetings with prime ministers Alexis Tsipras and Pedro Sanchez. In return, Germany will gradually step up family reunifications. Migrants registered …
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June 27, 2018
Very Mix
Left-wing terrorism is still active in Greece, the Europol says in its “EU Terrorism Situation and Trend Report (TE-SAT) 2018” after evaluating incidents in 2017. In the same report, the Europol notes that left-wing terrorism is also active in Italy and Spain, even though to a lesser extend. Greece, Italy …
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June 11, 2018
Editor
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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May 24, 2018
Lifestyle, Society
For kids in Greece, Spain and Italy, the Mediterranean diet is dead, according to the World Health Organisation. Children in Sweden are more likely to eat fish, olive oil and tomatoes than those in southern Europe. In Cyprus, a phenomenal 43% of boys and girls aged nine are either overweight …
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November 1, 2017
Greece, Politics
The Spanish embassy in Athens said on Tuesday it is “grateful” for comments made by Greek government spokesman Dimitris Tzanakopoulos and the country’s foreign ministry over the weekend in response to the Catalonia vote in favour of independence. In a statement the Spanish embassy said it “regretted that the ambassador’s comments …
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October 29, 2017
Greece, Politics
The foreign ministry said on Sunday Greece rejects unilateral actions by Catalonia to undermine Spain’s territorial integrity, in the wake of the region’s parliamentary vote to declare independence from Spain. “Greece supports Spain’s territorial integrity and rejects unilateral actions that undermine the country’s unity and the immutability of borders,” the ministry …
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June 22, 2017
Economy
Greece bowed to Spanish blackmail and granted immunity to three former members of the country’s privatization agency. Right after the Eurogroup agreement last week, Spanish Finance Minister Luis de Guintos had threatened to block the disbursement of 8.5 billion euro bailout tranche, if the ex HRADF members would not be …
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June 16, 2017
Economy
The Eurogroup may block an 8.5-billion-euro credit lifeline to Greece if the country does not grant immunity to privatisation agency officials from Spain, Italy and Slovakia, Spanish Economy Minister Luis de Guindos said on Friday. In 2015, a Greek prosecutor charged three officials at the country’s privatisation agency over a …
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May 10, 2017
Economy
Slovakia, together with Spain and Greece, are the countries with the largest decline in the youth unemployment within the eurozone area. According to a report of the European Central, the unemployment rate among workers between 15 and 24 years old, dropped in the years 2013 to 2016. The study uploaded …
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April 19, 2017
Social, Society
After the economic crisis and years of austerity, child poverty is on the rise in wealthy countries, according to Unicef. In Spain, the proportion of children living below the poverty line increased by nine percentage points between 2008 and 2014, to reach almost 40%. In Greece, one in four children …
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April 3, 2017
Uncategorized
Should the eurozone fall apart and states return to their own currencies, the Greek Drachma would depreciate at 7.5% percent against the euro. This is the calculation of a study published by the Bank of America. The study with title “The day after the euro” has been conducted by Athanasios …
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March 22, 2017
Economy
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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March 16, 2017
Politics, World
Dutch Finance Minister Jeroen Dijsselbloem said on Thursday that his term at the helm of the Eurogroup ends in 2018, and let the world in Greece and his Spanish counterpart Luis de Guindos know that he does not intent to leave earlier due to the defeat of his Labor Party …
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March 16, 2017
Politics, World
No shock result in Dutch elections. A clear victory against populism. Prime Minister Mark Rutte won, nationalist populist Geert Wilders took pleasure as the second largest party in the parliament of the Netherlands. Jeroen Dijsselbloem and his ‘social-democrat’ Labor party suffered a historic loss, crashed from 38 seats to just …
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February 8, 2017
Politics
Europeans are afraid of migration from mainly Muslim countries. A recent research poll conducted in among 10,000 people in ten European countries shows that the levels of public anxiety over immigration from mainly Muslim states are significant and widespread. The survey was conducted before US president Donald Trump signed the …
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January 19, 2017
Economy
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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January 19, 2017
Politics
Hundreds of thousands of elderly Britons living in Europe may be forced to return to the UK unless the government guarantees that their healthcare will continue to be reimbursed by the NHS, campaigners for British people settled in Spain and France have warned. The House of Commons Brexit select committee …
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