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EU reiterates support for Greece

The European Union (EU) Tuesday reiterated its position that it wants debt-ridden Greece to remain inside the 17-member Eurozone following an interview by an EU Commissioner who said that a Greek Euro-exit “will not destroy the Eurozone.” “We want Greece to remain a member of euro area. We are fully …

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Merkel says Greece must honour undertakings

Eurozone power couple France and Germany urged Greek leaders on Monday to “live up to their responsibilities” by voting in favour of an unpopular austerity package designed to slash its deficit. Speaking at a joint news conference after talks in Paris, President Nicolas Sarkozy and

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Catalin Predoiu is the interim PM of Romania

Romanian President Traian Basescu Monday named Catalin Predoiu as the country’s acting prime minister after Emil Boc stepped down from the post while announcing his cabinet’s resignation. The president made the move soon after Boc announced the decision to tender his cabinet’s resignation.

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Hillary Clinton discuss energy and military issues with Bulgarian PM

US Secretary of State Hillary Clinton Sunday paid a short visit to Bulgaria and discussed energy issues and military cooperation with Bulgarian Prime Minister Boyko Borissov. At a joint press conference with Borissov, Clinton said she had a very productive meeting with the prime minister.

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Romanian PM Emil Boc resigned

Romanian PM Emil Boc has announced his resignation in an attempt to calm unrest at his austerity measures. Boc resigned on Monday morning after weeks of protests against his tough austerity measures.

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