Economy of the European Union

EBRD shareholders agree on investments for Cyprus for limited period

The European Bank for Reconstruction and Development said on Thursday its shareholders had voted to allow Cyprus to receive investments from it for a limited period.

The EBRD, holding its annual meeting in Warsaw, voted to provide up to 700 million euros of financing to Cyprus over the next six years.

EC President Bidders Meet in Last TV Debate

The five EU Commission President candidates clashed Thursday evening in a televised debate in the European Parliament chamber in Brussels.

It was their last meeting ahead of the upcoming European elections next week and also the first in which Greek leftist coalition SYRIZA's leader Alexis Tsipras, the European Left Party nominee, took part.

The facts speak for themselves

On several occasions during the course of the crisis Greece found itself very close to exiting the euro. This has been confirmed by an increasing number of publications abroad, as well as testimonies from the protagonists of the Greek and European crises.