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Italy economy

Greece’s Yaroufakis Warns of Catastrophe Without Decisive EU Moves

2020-04-24 by Phil Butler

Yanis Varoufakis

Yanis Varoufakis, Greece’s former finance minister says his country will be the hardest hit by the economic turmoil.

Tags: Brexit, coronabonds, coronavirus Greece, COVID-19, EU bonds, EU response, Greece austerity, Greek economy, Grexit, IMF, Italy, Italy economy, Matteo Salvini, Spain, Spain economy, Yanis Varoufakis

Will the Coronavirus Pandemic End the EU Experiment?

2020-04-21 by Phil Butler

EU flag waving

The European Union urgently needs financial injections to deal with this crisis, but there’s an even greater need for solidarity.

Tags: Brexit, Brussels, Coronavirus 2019, COVID-19, EU, EU economy, EU survival, European commission, GDP, germany, great recession, Greece economy, Harvard Business Review, IMF, Italy economy, Paolo Gentiloni

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Featured Stories

Ierapetra Port Expansion Plan

New Infrastructure Planned for Fishing and Tourist Boats in Ierapetra

VIK Winery

In the Valley Where Wine Remembers the Earth

Crete Hotel Bookings Freeze resilience

Crete Shows Resilience While Everyone Watches Oil Prices

Chania Municipal Market

Reopening of Chania Market Now Closer Than It Was Last Year

Operation Desert Scorpion Souda Bay

Operation Desert Scorpion Puts Souda Under Extra Surveillance

How Public Relations in Hospitality Adapts to AI Technology banner

Your go-to guide for foraging cretan horta

Stories of Interest

Ierapetra Port Expansion Plan

New Infrastructure Planned for Fishing and Tourist Boats in Ierapetra

2026-03-11 By Arthur Butler

A new study for the Ierapetra port expansion plan promotes new infrastructure and more space for tourist and fishing boats.

Smart solar bus stops

New Smart Bus Stops in Heraklion Offer Charging and Solar Power

2026-03-11 By Kostas Raptis

The Municipality of Heraklion has installed 12 new smart, energy-independent bus stops in key locations across the city as part of the “Heraklion Smart City” project, aimed at improving daily life for residents and visitors. The new stops are powered entirely by solar energy and allow users to charge mobile devices, use lighting, and access modern […]

antiwar rally Chania March 12

Anti-war Rally Announced in Chania on March 12 at 19:00

2026-03-11 By Arthur Butler

Anti-war rally in Chania on March 12 at Municipal Market Square. Protests planned in Heraklion and Rethymno amid concerns over Souda Base.

Chania Firka Fortress Recreated Digitally

Firka Fortress Rebuilt Digitally to Show Venetian-Era Chania

2026-03-11 By Kostas Raptis

HMU researchers created a 3D reconstruction of Firka Fortress in Chania using 17th century maps, revealing the monument as it looked during Venetian rule.

Crete Hotel Bookings Freeze resilience

Crete Shows Resilience While Everyone Watches Oil Prices

2026-03-10 By Mihaela Lica Butler

Crete tourism remains stable despite Middle East tensions, says Chania Chamber of Commerce, as bookings slow and officials prepare an action plan for a possible crisis in 2026.

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