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Von der Leyen calls for united front against Coronavirus

Speaking to an extraordinary European Parliament Plenary held in Brussels on Thursday, EU Commission President Ursula von der Leyen slammed the lack of solidarity...

Gulf nations have been quick to prevent economic downturn and Europe must do the same

From the outset of the novel coronavirus outbreak, it became clear that its repercussions would go far beyond public health. As countries have scrambled...

Draghi deems war-like mobilisation to prevent prolonged coronavirus economic depression necessary

"A deep recession is inevitable," former European Central Bank (ECB) President Mario Draghi said, echoing expectations of a deep EU and Eurozone recession for...

MEPs call for comprehensive budgetary package for COVID-19 emergency

MEPs of the Budgetary Committee in the European Parliament have urged the EU Commission and Council for the adoption of a coordinated and bold...

Eurozone finance ministers point at €410 bn bailout fund

Eurozone finance ministers at a Monday videoconference asked from the bloc's bailout fund, the European Stability Mechanism (ESM) to consider ways of tackling the...

EIB to mobilise €40 bn to fight COVID-19 crisis

On Monday, Eurozone finance ministers held a videoconference on the response to the crisis cause by COVID-19 outbreak in Europe, as the EU and...

IMF to close Athens office, as Greek economy steadily recovers

The International Monetary Fund that assisted Greece throughout its international bailout process will close its Athens office in the coming months, Greek PM Kyriakos...

Greece signs deal with Lockheed Martin to upgrade F-16 fleet

Greece has signed a €280 million deal with the US defence contractor Martin Lockheed to upgrade its F-16 fleet over the next seven years. The...

Obama’s Greece Visit – Desperately Seeking Symbolism

Surely by now everyone has taken a deep breath and accepted Donald Trump’s victory on November 8. Most analysts needed a number of...

Greece’s Shock on the Institutions’ never-ending proposal: Do Greeks really want this choice?

First, any of us who come from countries that prefer some kind of controlled political process have to be impressed by the intensity of...

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