The European Commission (EC) has ordered an action plan to be worked out in case Greece leaves the euro area. The issue has been discussed during the G20 summit in Cannes in the frames of informal consultations. “The situation in the euro area has drastically changed after the decision to …

The two-day meeting of the Macedonia-EU Joint Parliamentary Committee will be completed with Friday’s adoption of the final recommendations. Macedonia should get a date for opening of the EU-accession talks and its integration processes must not be held

Greek Prime Minister George Papandreou’s government will face a vote of confidence in parliament on Friday evening. The prime minister has called for a “consensus government” to pull the debt-wracked country out of the crisis and implement the terms of a controversial EU bailout plan. Ahead of the crucial vote …