European Central Bank President Mario Draghi has cautioned Greece to enact its pension reform protocols, so the nation is able to offer full pensions to qualified citizens in the future.

By Eleftheria Mavroukis

Cyprus experienced irreparable losses to its banks, due to governmental mediation in the financial sector.

The unemployment rate in Greece dropped to 24.6% in the second quarter of this year, compared to 26.6% in the initial three months of 2015, as confirmed by the nation's statistical firm.