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The Brief from Brussels: EU steps up cyber crime fight
In this edition of the Brief from Brussels: The European Commission unveils new measures to tackle cyber crime, amid mounting threats; Estonia’s prime minister meets Polish counterpart to discuss transport, migration and security; and...
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Damage spreads across Greece and Turkey after earthquake
6.7 magnitude quake causes small tsunami, several deaths and injuries
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EU unveils migration action plan for Italy
The EU has unveiled a new action plan designed to help Italy cope with the influx of migrants to its shores. It earmarks some thirty million euros in aid for the Italian government. Interior ministers from the twenty eight member states...
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Greek economy back in recession
Greece’s economy slipped back into recession in the first three months of the year amid delays in approving its latest bailout loan. Gross domestic produce shrank by 0.1 percent between January and March compared to the final three...
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Greeks disappointed at no eurozone bailout deal
There was disappointment but no surprise in Greece after eurozone finance ministers meeting in Brussels failed to reach agreement on the release of billions in new loan money. The sticking point is the International Monetary Fund joining...
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Greece moves a step ahead on the debt trail
The Greek government is set to get further rescue funds from its international lenders ahead of a July deadline. It has done that by promising to cut pensions again in 2019 and by lowering the level at which people pay tax in 2020, by...
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Eurozone finance chiefs admit Greece will need debt relief
The chairman of the eurozone finance ministers group is promising a deal by the end of May to break the deadlock preventing Greece from getting much-needed bailout loans. Jeroen Dijsselbloem also admitted for the first time that some of...
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Don’t be against us – plea of Syrian refugee family in Luxembourg
Just 16-thousand migrants have been moved from Italy and Greece under a controversial EU relocation scheme. Ali Alfauori, his wife, and two children, from Syria, are in that number.They were smuggled to Greece and now, many months after...
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IMF’s Lagarde upbeat on growth, worried about protectionism risks
The recovery of the world’s economy is gaining momentum according to the head of the International Monetary Fund Christine Lagarde. But – in what could be seen as a criticism of US President Donald Trump’s ‘America First’ trade agenda –...
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FYROM: "We could be a target for Russia"
Efi Koutsokosta/Euronews: Prime Minister many thanks for being with us and welcome to euronews. This is a big day for you. And that's because NATO is finally going to invite your country formally to join the Alliance but of course under...
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Protest held in support of refugees
A group of demonstrators on Monday held a protest in support of refugees close to the EU headquarters in Brussels, Belgium. It was in reaction to 160 thousand of refugees in Italy and Greece not being relocated other countries....
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Greek mayors urge more help with migratory flows
The migration flows from Turkey to Greece were dramatically reduced after the EU- Turkey deal signed, local Greek officials said on Tuesday. But there are still thousands of migrants on five islands in the eastern Aegean sea, including...
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Violent clashes in Greece pit farmers against police
Riot police hit with shepherd's crooks and other projectiles
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Greek bailout talks restart
A hotel in Athens is the focus of the hopes and fears of many Greeks this week. Inside, the country’s finance minister Euclid Tsakalotos and the energy minister George Stathakis, along with their advisers, have been meeting with experts...
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Greek leader Tsipras upbeat despite major downward growth revision
It turns out Greece’s economy performed much worse than thought in the final three months of last year. GDP contracted by 1.1 percent year-on-year. An earlier flash estimate made last month was for 0.3 percent expansion. The economy was...
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IMF reportedly will contribute to Greek bailout
The International Monetary Fund is likely to contribute up to five billion euros to the third bailout package for Greece rather than the 16 billion the European Union is hoping for. That is according to a report in German magazine Der...
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Germany’s Schauble denies ‘Grexit’ threat
German finance minister Wolfgang Schauble has said he is confident ‘‘Greece is on the right economic path’‘. His comments come ahead of a key Eurogroup meeting in Brussels on Monday to discuss Greece’s debt burden. With fears returning...
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Greece moves closer to agreement over reforms to unlock next bailout loan
Eurozone’s finance ministers have agreed that officials from the institutions overseeing Greece’s bailout will go to Athens next week to discuss in more detail the reforms the government must make. After the latest talks in Brussels a...
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Greek PM Tsipras hails ‘honourable compromise’, optimistic on future reforms
The Greek Prime Minister Alexis Tsipras has been talking up the agreement with European creditors under which the country will make further reforms in 2019. Defending the deal in parliament he said: “Today, I have the absolute conviction...
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IMF-EU stalemate over Greek debt
Greece is getting impatient at the stand-off between the International Monetary Fund and the European Union over Athens’ latest financial aid programme. The IMF wants Brussels to restructure or forgive Greece some of its debt and so far...
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EU refuses to rule out legal action over refugee relocation
EU countries have taken in just 12,000 migrants from Greece and Italy in a year and a half. The agreed target was to relocate 160,000 by this September. A senior Commission official says legal action could be the next step. Frans...
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Greek Finance Minister meets eurozone officials over bailout logjam
The Greek Finance Minister Euclid Tsakalotos met top European officials in Brussels on Friday to try to break the deadlock over stalled bailout talks. Earlier the International Monetary Fund and Greece’s lenders from the eurozone agreed...
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Grexit is not an option, says EU’s Moscovici
Two days before EU economy commissioner Pierre Moscovici visits Athens to hold talks with Prime Minister Alexis Tsipras, he spoke on euronews about the recent stalemate with IMF and scenarios on Grexit. Euronews, Efi Koutsokosta: Can you...
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EU financial affairs chief says progress made on Greek bailout review talks
With time running out for Greece to get further essential bailout money, Brussels sent its financial affairs chief to Athens. EU Economic Commissioner Pierre Moscovici, trying to head off a new financial crisis, met with Greek Prime...