Italy has a new Prime Minister

Italy has a new Prime Minister

(VOVWORLD) - Italy’s President on Wednesday confirmed Giuseppe Conte as Italy’s new prime minister, two days after he was nominated by the alliance between two major parties in Italy,...
EC issues proposals on Eurozone reform

EC issues proposals on Eurozone reform

(VOVWORLD) - The European Commission (EC) proposed on Wednesday a vision on Eurozone reform, including establishing a European version of the International Monetary Fund (IMF)
Eurozone Suspends Short-Term Debt Relief for Greece

Eurozone Suspends Short-Term Debt Relief for Greece

(VOVworld)- Greece’s European creditors suspended proposed debt-relief measures for the country after the Greek government surprised them by announcing it would boost welfare benefits for low-income pensioners,...
Eurozone says no more debt relief for Greece

Eurozone says no more debt relief for Greece

(VOVworld) – The Eurogroup head, Jeroen Dijsselbloem, and German Finance Minister Wolfgang Schaeuble warned on Monday that it would be impossible to draw up fresh debt relief for Greece before the...
Domino effect of Brexit

Domino effect of Brexit

(VOVworld) – After the UK voted to leave the EU, some EU member countries expressed their intent to break with the organization. EU leaders have called for efforts to avoid a...
Greek Prime Minister Alexis Tsipras resigns

Greek Prime Minister Alexis Tsipras resigns

(VOVworld) – Greece’s Prime Minister Alexis Tsipras submitted his resignation letter to President Prokopis Pavlopoulos on Thursday and called for an election as early as possible