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
SYRIZA Vows to Avoid Grexit as Talks Begin with Independent Greeks
- Tweet
Send to Kindle
Independent Greeks leader Panos Kammenos arrived at SYRIZA's headquarters on Monday, January 26, 2015. Photo by BGNES
Coalition talks have started between leftist SYRIZA leader Alexis Tsipras and the Independent Greeks right-wing party's Panos Kammenos.
Their meeting was scheduled for 10:30 EET, though Kammenos arrived a little earlier at the SYRIZA headquarters, the English-language website of Kathimerini reports.
According to Greek media outlets, it is "a hundred percent certain" that a coalition will be formed.
But RIA Novosti quotes Athens sources as saying that Kammenos rejected taking part in a government with Tsipras as early as Sunday evening, when the two talked over the phone.
Meanwhile MP Yanis Varoufakis of SYRIZA has sought to dismiss speculation that Greece would leave the Eurozone once Tsipras ditches the international agreements with the EU and the International Monetary Fund (IMF).
"We who are in the Eurozone must not toy with loose of fast talk about Grexit [as the prospect of Greece abandoning the euro is commonly referred to] or fragmentation. If that happens, disruptive forces would be unleashed... Grexit is not on the cards," the Guardian quotes him as saying.
Related Articles:
Could Bulgaria Face a 'Greek Scenario' After Adopting the Euro?
With Bulgaria set to adopt the euro on January 1, 2026, questions are surfacing about whether the country might face financial risks similar to those that led to Greece’s debt crisis
Bulgaria’s Inflation Ticks Up in May: What's Driving the Price Pressure?
Annual inflation in Bulgaria accelerated slightly in May, reaching 3.7%
CNBC: Not All Bulgarians Convinced Joining the Eurozone Is a Good Idea
Bulgaria is preparing to adopt the euro, but not everyone in the country is on board
Society | June 14, 2025, Saturday // 09:00
Greek Central Banker Reiterates Call for the Euro to Become a Global Reserve Currency
Bank of Greece Governor Yannis Stournaras has once again voiced his support for elevating the euro’s role in the global financial system
Bulgaria’s Euro Dilemma in the Shadow of Croatia and Greece
Introduction
Politics | June 12, 2025, Thursday // 11:15
Serbia Secures €1.9 Billion Loan from French Banks for Rafale Fighter Jet Deal
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
Military Service No Longer Optional: Croatian Youth to Be Called Up Starting 2026
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
Deadly Earthquake Rattles Southwestern Turkey: Teenager Dies, Dozens Injured
A strong earthquake struck southwestern Turkey during the early hours of Tuesday
Mickoski: Bulgaria’s EU Maneuvers Aim to Label Macedonians as an ‘Artificial Nation’
Macedonian Prime Minister Hristijan Mickoski accused Bulgaria of attempting to portray the people of North Macedonia as an “artificial nation”
Explosion at Serbian Defense Plant Leaves Five Injured
Early this morning, an explosion rocked the Krušik defense plant in Valjevo, Serbia, resulting in five people sustaining minor injuries
Serbian Patriarchate Accuses Bulgaria of Genocide in 'Vardar Serbia' and Kosovo
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
