Επιλεγμένες Ειδήσεις από New Europe

The IMF Wants a Less Toxic Greek Programme

The IMF Wants a Less Toxic Greek Programme

Everyone agrees that a debt currently standing at 170% of its GDP and expected to reach 200% over the next two years is not sustainable, except maybe for Japan. But, Greece is not Japan. Acting upon the obvious is not a straightforward exercise. And when it comes to Greece, the IMF is not putting its money where its mouth is

Undersea Gas Pipeline to Bring Oil from Iran to India

Undersea Gas Pipeline to Bring Oil from Iran to India

The lifting of Western sanctions against Iran could open the door to more imports of Iranian crude to India. Most importantly, it could also bring with it an undersea pipeline project that would transport the oil to India through the Arabian Sea, bypassing Pakistan, according to India’s Zeenews website

Greece and Israel Boost Military Co-Operation

Greece and Israel Boost Military Co-Operation

Greek Defence Minister Panos Kammenos and his Israeli counterpart Moshe Ya’alon signed the Status of Forces Agreement (SOFA), which allows Greek and Israeli soldiers to station in Greece or Israel

Iran Nuke Deal Opens Door for Lower Oil Prices

Iran Nuke Deal Opens Door for Lower Oil Prices

Oil prices fell on July 14 after diplomats declared that world powers and Tehran had struck a landmark deal to curb Iran’s nuclear programme in exchange for billions of dollars in relief from international sanctions. The end of sanctions means new investments in Iran’s oil production and more oil coming into the market at a time when it is already "massively oversupplied”, according to the Paris-based International Energy Agency (IEA)