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EYE2025: thousands of young people to celebrate democracy in Strasbourg

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EU approves Bulgaria’s eurozone membership for 2026

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Latest News

EYE2025: thousands of young people to celebrate democracy in Strasbourg

EYE2025: thousands of young people to celebrate democracy in Strasbourg EYE2025: thousands of young people to celebrate democracy in Strasbourg
  On 13 and 14 June, around 8,500 young people aged 16 to 30 from across the globe will gather at the European Parliament in Strasbourg...
Read More...

EU approves Bulgaria’s eurozone membership for 2026

EU approves Bulgaria’s eurozone membership for 2026 EU approves Bulgaria’s eurozone membership for 2026
  Brussels has officially greenlit Bulgaria’s entry into the eurozone, with the country set to adopt the euro on 1 January 2026. The...
Read More...

What are Denmark’s goals for Its upcoming EU presidency?

What are Denmark’s goals for Its upcoming EU presidency? What are Denmark’s goals for Its upcoming EU presidency?
  As Denmark prepares to assume the rotating presidency of the EU Council on July 1st, the country is setting its sights on a results-driven...
Read More...

New EU strategy for a secure, prosperous, and resilient Black Sea region 

New EU strategy for a secure, prosperous, and resilient Black Sea region  New EU strategy for a secure, prosperous, and resilient Black Sea region 
  The European Union has unveiled a new strategy aimed at fostering stability, security, and prosperity in the Black Sea region. This initiative...
Read More...

EU Commissioner Raises Alarm on Hungary’s Rule of Law

EU Commissioner Raises Alarm on Hungary’s Rule of Law EU Commissioner Raises Alarm on Hungary’s Rule of Law
  On May 27, 2025, the European Commissioner for Democracy, Michael McGrath, expressed serious concerns about the state of the rule of...
Read More...

Switzerland to host European Political Community summit in 2027

Switzerland to host European Political Community summit in 2027 Switzerland to host European Political Community summit in 2027
Switzerland is set to host a summit of the European Political Community (EPC) in 2027, bringing together leaders from across the continent....
Read More...

Cracks in the Union: elections reveal rising democratic strain in the EU

Cracks in the Union: elections reveal rising democratic strain in the EU Cracks in the Union: elections reveal rising democratic strain in the EU
Across Europe, the democratic fabric of the European Union is under strain as populist and nationalist movements gain momentum, challenging...
Read More...

MEPs support new tariffs on Russian and Belarusian agricultural imports

MEPs support new tariffs on Russian and Belarusian agricultural imports MEPs support new tariffs on Russian and Belarusian agricultural imports
  The European Parliament's International Trade Committee has voted to impose new tariffs on agricultural imports from Russia and Belarus,...
Read More...

Metsola urges to "re-launch Europe as a global power"

Metsola urges to "re-launch Europe as a global power" Metsola urges to "re-launch Europe as a global power"
  In a keynote address at the Europe at the Crossroads event on Tuesday, European Parliament President Roberta Metsola laid out her vision...
Read More...

Belgian Minister launches Moldova visit to dissuade asylum seekers

Belgian Minister launches Moldova visit to dissuade asylum seekers Belgian Minister launches Moldova visit to dissuade asylum seekers
  Belgium’s Minister for Asylum and Migration, Anneleen Van Bossuyt (N-VA), will visit Moldova on Sunday as part of a campaign aimed...
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Greece's Parliament was sworn in Wednesday (July 17) after July 7 elections that saw a broad conservative victory end over four years of leftist rule.

The six-party Parliament will officially begin its functions after electing a Speaker on Thursday.

New Prime Minister Kyriakos Mitsotakis' conservative government has made boosting sluggish growth a priority, powered by tax cuts and accompanied by privatisation deals.

The 51-year-old Harvard graduate and former McKinsey consultant has also pledged to create jobs and get rid of obstacles to business.

Mr Mitsotakis will outline his government's policies at the weekend before a vote of confidence late on Sunday.

His New Democracy party has 158 lawmakers in the 300-seat chamber.

The Greek debt agency said it had raised €2.5 billion (S$3.82 billion) in the sale, while the prime minister said the yield of 1.9 per cent was a "record low".

A previous seven-year sale in February 2018 had a yield of 3.5 per cent amid world market volatility.

Starting in 2020, Mr Mitsotakis has promised to cut a hated property tax called ENFIA - brought in by a previous New Democracy-led government during the economic crisis - by 30 per cent over two years.

REFORMS PACKAGE

He has also offered to reduce income tax thresholds and to gradually cut tax on business profits by 8 per cent.

But just hours after his July 7 victory, euro zone finance ministers warned the new government to stick to the country's strict public spending commitments.

"We must keep our commitments, this is the only way I know to gain credibility," said Eurogroup chief Mario Centeno.

On Tuesday, the euro zone's bailout fund director and a key EU official overseeing Greece's debt repayments, Mr Klaus Regling, suggested that tax cuts be coupled "with a broader tax base".

In a meeting with Regling later on Tuesday, Mr Mitsotakis "confirmed that Greece would respect fiscal targets", the prime minister's office said.

During the election campaign, Mr Mitsotakis said he would persuade Greece's creditors to accept the easing of targets with "a comprehensive reforms package".

The current framework negotiated with creditors by the previous leftist Syriza government holds Greece to a primary budget surplus of 3.5 per cent to 2022 - but the conservatives say that target stifles growth.

There are two fewer parties in Parliament than in the previous chamber, but two of them are new - Greek Solution, a nationalist party formed by TV salesman Kyriakos Velopoulos, and MeRA25, an anti-austerity party founded by maverick economist and Mr Tsipras's former finance minister Yanis Varoufakis.

"We are here to say a massive 'no' to whatever strengthens (Greece's debt burden)," Mr Varoufakis, whose party elected nine lawmakers, said before being sworn in on Wednesday.

In contrast, neo-Nazi party Golden Dawn was shut out of Parliament for the first time since 2012.

Golden Dawn, until recently Greece's third-ranking party, is in disarray amid an ongoing trial for the 2013 murder of an anti-fascist rapper, allegedly carried out with the knowledge of senior Golden Dawn members.afp

 

deneme