Economy of the European Union

Commission urges Greece to tackle effects of economic crisis, stick to reforms, one year since bailout exit

One year to the day Greece exited its third and final bailout program, the European Commission hailed the country's efforts to reform, while calling on the government to address the consequences of the 10-year economic crisis and continue to reform.

Greece lags behind in e-payments

Greece is in second-to-last place among the 19 eurozone countries and 24th among all 28 European Union member-states in electronic payments per inhabitant, including payments with credit and debit cards and online transfers of money and e-payments of bills, according to European Central Bank data for 2018.

Government aims to fast-forward reforms; talks with creditors to be tough

First, the good news: The government is on a mission to brief our eurozone partners, the other European Union members and our creditors on its plans to boost growth and its intentions to fast-forward long-stagnant reforms by cutting back on excessive spending and pushing privatizations, and then, and only then, present its demands.

Eurobarometer: 55% of Bulgarians Believe in the EU, but Only 20% Support the Euro

An EU study has revealed new data on Europeans' confidence in the EU, which countries are most optimistic and pessimistic about the future of the European Union, their support for the euro, their attitude to immigration, unemployment, climate change and more.

Varoufakis slams choice of ‘clueless’ Dijsselbloem for IMF chief

The leader of the MeRA25 party Yanis Varoukafis said on Saturday that the fact that former Eurogroup chief Jeroen Dijsselbloem was considered by Europe's 28 finance ministers as a candidate to replace Christine Lagarde as head of the International Monetary Fund (IMF) was proof that the European Union's establishment has no regard for technical capabilities.