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Statement of European Commission following Greek referendum

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(Brussels) - The European Commission has said that it takes note of, and respects, the result of the Greek referendum. In a statement released, European Commission President, Jean-Claude Juncker, said he will be consulting tonight and tomorrow…

European Commission commits to promote economy

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(Brussels) - The European Commission has adopted 40 new programmes under the European Cohesion Policy to support economic development and social cohesion across the European Union. An additional 10 programmes will be adopted before the end…
EU Budget Talks Collapse

EU Budget Talks Collapse

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(Brussels) - The first round in two weeks of tough talks on the European Union budget collapsed after austerity-minded states refused to plug a 2012 budget shortfall in funds destined for Europe’s needy. It was hoped that the talks will lead…