European Commission

EU Backs Romania's Aid for Energy Complex

The European Commission on Tuesday said Romania's temporary rescue aid of 167 million lei (37.6 million euro) for the state-owned power producer Complexul Energetic Hunedoara was in line with EU state aid rules.

Romania has granted the short-term loans to help CE Hunedoara pay off creditors and continue operations following losses in the last two years.

Alt. FinMin D. Mardas briefs local reps on urgent need to collect money (video)

Alternate Finance Minister Dimitris Mardas was present at the emergency meeting called by the Central Union of Municipalities of Greece (KEDE) following a government decree for public bodies to transfer funds to the Bank of Greece (BoG). Mardas explained that the government hopes in this way to cover a "gap" in its finances worth 552 mln euros.

No leap in relations with Russia

 Gazprom agrees to the creation of a consortium for the construction of gas pipeline?s Greek extension

By Chryssa Liaggou

The leap forward in Greek-Russian relations that the government had been hoping for did not happen on Tuesday during Gazprom chief Alexey Miller?s visit to Athens.

Ex-EU chief Barroso says Greek gov't made grave errors, troika was flawed

Former European Commission President Jose Manuel Barroso believes the Greek government has undermined its effort to secure a better deal from lenders by making «completely unrealistic demands,» such as debt forgiveness, and making mistakes that were due to a "lack of experience or ideological reasons."

Wary of brinkmanship, eurozone steers away from new deadlines for Greece, official says

By Jan Strupczewski

Eurozone finance ministers will not set any deadline for Greece to come up with reforms to get more funding because such time limits lead to brinkmanship in negotiations, a senior eurozone official said on Tuesday.

EU Praises Albania's Integration Progress

"Albania has a clear European perspective and we discussed today the way forward in this process," Mogherini said on Tuesday after a meeting in Brussels with Albanian Prime Minister Edi Rama.

"I welcome Prime Minister Rama's firm commitment to the European path of Albania, including the necessary reform work," Mogherini added.

Electronic Government - Key Element of Reforms, Bulgarian PM Borisov says

Fast development of the electronic government is among the priorities of the current center-right GERB administration, as stated by Bulgarian Prime Minister Boiko Borisov.

His position was expressed following his meeting with European Commisioner for Digital Single Market Andrus Ansip.

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