The third bailout agreement for Greece is a done deal amid European economies full of problems

After a very long session that lasted nearly 25 hours, the Greek government through 222 MP’s said a clear YES to the terms of the third bailout agreement. This strong positive vote provided to Euclid Tsakalotos, the Greek Finance Minister, the necessary tools to seal the deal with his counterparts, which realized late last night at […]

EU crisis aggravates structural differences, threatens cohesion

According to a Eurostat analysis of EU27’s household final consumption expenditure, the Baltic countries and Greece are still suffering most from the economic and financial crisis. The two authors of the report, Christine Gerstberger and Daniela Yaneva, stress that consumption is a key indicator of citizens’ well-being, with housing, energy, transport and food accounting for […]