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BBC: Former EC chief Barroso blames SYRIZA for "unrealistic promises" (video)

Former European Commission President Jose Manuel Barroso told the BBC that the Radical Left Coalition (SYRIZA) Prime Minister Alexis Tsipras made "completely unrealistic promises" to voters that it cannot now fulfil. The high-ranking EU officla who left his post in October says taht Greek demands were "completely unacceptable to other countries."

Member States Divided as EU Abolishes Milk Quotas

The European Union abolished milk quotas on Tuesday after they had been in existence for more than 30 years, a decision which caused division among member states.

This step is expected to expand opportunities for some dairy farmers, while it will most probably pose threat to the livelihood of others, EurActiv reports.

Bulgaria Had Lowest Hourly Labor Costs in EU in 2014, at EUR 3.8

Bulgaria remained the EU Member State with the lowest hourly labor costs in 2014, according to Eurostat data.

Bulgaria's hourly labor costs increased by 2.7% to EUR 3.8 per hour in 2014, against an annual increase of 1.1% registered in the euro area and an annual increase of 1.4% recorded in the EU-28.

Anti-Austerity Protesters, Police Clash as ECB Unveils New HQ in Frankfurt

Violence erupted in Frankfurt on Wednesday as anti-austerity demonstrators clashed with the police before the official opening of the new headquarters of the European Central Bank (ECB).

Several police cars were set on fire and their windows smashed after demonstrators threw stones at police, DW reports.

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