Fiscal consolidation and structural reforms are on their way in Greece, Prime Minister Antonis Samaras said Thursday ahead of a two-day European Council meeting in Brussels.
“The big target now is recovery and growth,” Samaras told journalists.
“Therefore structural funds are key to the success of Greece and Europe,” he added.
The European Council meeting on February 7-8 is expected to agree the European Union's 2014-2020 budget after failing to do so in the autumn of 2012.
The Greek region of Western Macedonia has the fifth highest regional unemployment rate in the European Union, statistical agency Eurostat said on Wednesday.
The jobless rate in Western Maced...
Cyprus faces substantial risks to its economic outlook and a forecast recession could be deeper than forecast, its central bank governor said in a prepared speech on Wednesday.
The island st...
Germany's Bjoern Otto recorded the world's leading performance in the men's pole vault at the Athens Street Pole Vault event that took place at Zappio, in central Athens, on Saturday afterno...
PAS Giannina upset PAOK at Thessaloniki on Sunday to take the lead at the Super League play-offs, while Asteras Tripolis rebounded from its loss at Ioannina in midweek to defeat Atromitos at...
One of the biggest problems dragging the Greek economy down is the pressure placed on entrepreneurs aspiring to do business in sectors dominated by the “pirates” and “pimps” of the business ...
Greek taxpayers have had to pay dozens of millions of euros for the restoration and conservation of the capital’s landmark buildings, including Athens Polytechnic and the so-called neoclassi...