European Commission

Turkey will help stem the flow ofmigrants to Europe in return for cash, visa liberalization andrenewed talks on joining the European Union in a Nov. 29 deal thatthe Turkish prime minister called a "new beginning."

EU leaders struck a deal with Turkish Prime Minister Ahmet Davutoglu at the EU Council in Brussels on Sunday where Turkey will help stem the flow of migrants to Europe in return for cash, visas and renewed EU entry talks. Davutoglu called the deal that was hammered out by diplomats in the previous weeks a “new beginning”.

Leaders from the European Union and Turkish Prime Minister Ahmet Davuto?lu gathered at a summit in Brussels on Nov. 29 with the goal of signing an agreement that will offer Ankara cash and closer ties with the EU in return for Turkish help in stemming the flow of migrants to Europe.

Prime Minister Ahmet Davuto?lu has announced that he and German Chancellor Angela Merkel have agreed to solve possible problems within a spirit of mutual understanding.

His remarks came following a question about Greek Cypriot's objections to a draft declaration for a Turkey-EU refugee summit. 

The Heads of State or Government of the EU member states and Turkey will meet in Brussels on Sunday to discuss measures on managing the ongoing migration crisis.

The summit, which was convened by European Council President Donald Tusk, is expected to mark an important step in the relations between the EU and Turkey.

The American-Hellenic Chamber of Commerce will hold for the 26th consecutive year the annual Greek Economy Conference on November 30 and December 1.

The European Union will host Turkey to discuss the country's ongoing candidacy process in a summit on Nov. 29, where a solution to the migrant influx from Turkey to the EU will also be sought. 

European Commission spokeswoman Mina Andreeva  confirmed on Friday that Greece and the institutions have reached agreement on the reforms included in the second set of prior actions.

Greece's state statistics agency on Nov. 27 drastically revised downwards the economy's third-quarter contraction to 0.9 percent, from 0.5 percent previously.

Greece's state statistics agency on Nov. 27 drastically revised downwards the economy's third-quarter contraction to 0.9 percent, from 0.5 percent previously.