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Latest News

EU extends data protection deal with the UK, ensuring continued flow of personal information

EU extends data protection deal with the UK, ensuring continued flow of personal information EU extends data protection deal with the UK, ensuring continued flow of personal information
  The European Commission has renewed two key decisions that allow personal data to continue moving freely and securely between the European...
Read More...

Migration and asylum in Europe: Eurostat releases 2025 report

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  Eurostat has published its latest ‘Migration and Asylum in Europe’ report, providing a detailed snapshot of how people are moving...
Read More...

Human rights violations in Azerbaijan, Nigeria and Guinea-Bissau under EU scrutiny

Human rights violations in Azerbaijan, Nigeria and Guinea-Bissau under EU scrutiny Human rights violations in Azerbaijan, Nigeria and Guinea-Bissau under EU scrutiny
  The European Parliament has issued a series of sharply-worded resolutions condemning human rights abuses in Azerbaijan, Nigeria and Guinea-Bissau,...
Read More...

EU unveils first-ever plan to tackle Europe’s housing crisis

EU unveils first-ever plan to tackle Europe’s housing crisis EU unveils first-ever plan to tackle Europe’s housing crisis
  The European Commission has launched a sweeping Affordable Housing Plan aimed at addressing one of the most urgent concerns facing millions...
Read More...

'The girl who decided to become President': why every voice matters

'The girl who decided to become President': why every voice matters 'The girl who decided to become President': why every voice matters
  Iryna Kotlyarevskaya’s book brings children into conversations about power, choice, responsibility, and citizenship—topics often...
Read More...

European Parliament to fast-track reparations loan for Ukraine

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  The European Parliament has moved to fast-track legislation for a new EU-backed reparations loan to Ukraine, with a vote scheduled for...
Read More...

EU’s Kallas warns China is increasingly weaponizing economic ties

EU’s Kallas warns China is increasingly weaponizing economic ties EU’s Kallas warns China is increasingly weaponizing economic ties
  China is increasingly leveraging its economic relationships to advance political objectives, European Union foreign policy chief Kaja...
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AI adoption surges among EU businesses, reaching 20% in 2025

AI adoption surges among EU businesses, reaching 20% in 2025 AI adoption surges among EU businesses, reaching 20% in 2025
  In 2025, one in five European Union enterprises with 10 or more employees reported using artificial intelligence (AI) technologies, marking...
Read More...

Hungary faces EU legal action over media freedom violations

Hungary faces EU legal action over media freedom violations Hungary faces EU legal action over media freedom violations
  The European Commission has launched legal action against Hungary for systematic violations of the European Media Freedom Act (EMFA),...
Read More...

Europeans back stronger, more assertive EU as support for membership hits new high

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A large majority of Europeans believe their countries benefit from being part of the European Union, according to the latest Eurobarometer...
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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