European Commission Slaps Greece with Nearly €400 Million Fine Over Agricultural Subsidy Fraud
The European Commission has imposed a fine of nearly €400 million on Greece over a major scandal involving the mismanagement of EU agricultural subsidies
Greece's Finance Minister Yanis Varoufakis has told IMF head Christine Lagarde his country will be able to repay a debt installment by April 9, Lagarde announced after meeting the minister in Washington.
The two held talks confirming Greece will be able to meet the deadline, Greek daily Kathimerini's English-language version says.
Dimitris Marda, a deputy for Varoufakis earlier told Skai TV that the EUR 450 M tranche would be paid by April 9, adding state revenues in March had surpassed estimates.
Greece is now pinning its hopes on the speeding up of negotiations with international lenders over the extension of its current bailout problem.
Some experts are still raising their concern that the debt-ridden country will run out of money sometime this year and will not be able to make current payments, triggering fears it might even leave the single-currency area.
The Serbian National Assembly has approved a loan agreement worth €1.9 billion with several French financial institutions to fund the acquisition of 12 Rafale fighter jets
Croatia is reintroducing mandatory military service after a 17-year break, with the government unveiling a new law that will reinstate basic training for young men starting no later than January 2026
A strong earthquake struck southwestern Turkey during the early hours of Tuesday
Macedonian Prime Minister Hristijan Mickoski accused Bulgaria of attempting to portray the people of North Macedonia as an “artificial nation”
Early this morning, an explosion rocked the Krušik defense plant in Valjevo, Serbia, resulting in five people sustaining minor injuries
The Patriarchate in Belgrade has accused Bulgaria of genocide against the Serbs in "Vardar Serbia", pointing to the systematic extermination of entire Serbian families with the aim of eradicating the Serbian national spirit
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe