Eurozone

Unemployment drops in Greece and Europe

According to Eurostat, the unemployment rate in the Eurozone reached 8.7% in December 2017, that is it reached the same levels as those of...

Economic sentiment in Greece improved in January

The economic sentiment in Greece improved in January, while slightly decreasing in the Eurozone and the EU compared to the high levels of the...

Deutsche Welle: 2018 will be an important year for Greece

Greece’s exit from the memorandum this year is one of the great challenges of the Eurozone and the EU, says Deutsche Welle. At Eurozone...

Papadimoulis: The issue of public debt in the Eurozone is out of control

Referring to the issue of the piling public debt of most of the Eurozone member states, European Parliament Vice-President Dimitris Papadimoulis called on the...

Tsipras: France’s support to Greece has been invaluable

Prime Minister Alexis Tsipras and his French counterpart Bernard Cazeneuve in a meeting on Friday confirmed Greece and France's close ties, solidarity and mutual support.France's support to the great challenges that Greece faced has been invaluable, said Tsipras, noting that Greece will emerge stronger from the crisis and this will mark the opportunity to play a more substantial role in the eurozone, not only as a stabilizing factor, but also as a country with very significant potential for investments and a strong presence in the wider European economic area.

Moreover, he said that "our countries have deep and historical ties" and expressed confidence that "the Greek-French cooperation can pass to a much more essential phase, since Greece will emerge stronger from this crisis."

On his part, Cazeneuve reiterated France's confidence in the ability of the Greek economy to recover, underlining that "the results confirm it, as they are stunning, spectacular."

The French prime minister referred to the common will to overcome the crisis of the euro zone in α spirit of trust. He also referred to the will to overcome the refugee crisis, "which has made us to act together effectively on asylum issues and the difficult conditions experienced by refugees."

Second highest growth rate in the Eurozone for Greece in the third quarter of...

The European economies grew faster in 2016 according to Eurostat, which recorded an average rate of GDP growth of 1.7% in the Eurozone for...

Schaeuble states there can be no Greek program without the IMF

In an interview of his with Bloomberg, German Finance Minister Mr. Wolfgang Schaeuble stated that Athens must meet its agreements with its lenders otherwise...

Dijsselbloem: Greece is on the right path

In an interview with Belgian newspaper “L’ Echo”, Eurogroup President Jeroen Dijsselbloem stated that Greece is on the right path, given that in the...