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Short-term fix for electricity bills leaves open questions for green transition strategy
Societyas part of Greece’s “green transition plan”, that would see all its existing lignite generation... passing on the price increases in customers’ bills. Over the longer term, the government points to green... to industry at the Thessaloniki International Fair to announcing measures intended to protect consumers
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Tsipras hopes to move on after decision on ex-airport project
PoliticsGreek Politicsas obstacles to the project going ahead. Government spokesman Dimitris Tzanakopoulos said that the decision was a “major step” in the project going ahead. He said that the coalition pledges to speed up... Hellenikon. While the investor-friendly image that Tsipras wants to project is of little interest
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Inauguration of TAP pipeline project offers investment, diplomatic boost
PoliticsForeign PolicyTsipras will inaugurate the project, which will be attended by delegations from all the involved... from the Caspian to Europe and is the European section of the Southern Gas Corridor. The project... government is hoping that the inauguration of the project will improve the sentiment relating
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WWF sets out road to green economic recovery in post-Covid landscape
EconomyFeaturesWWF Greece has released a blueprint for Greece’s green recovery which outlines a number of steps... their environmental impact. In its five-step plan, the WWF pointed out that green economy sectors... of the goals. “There is a significant “green investment gap” in enabling the transition of the economy
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Cost of living remains public's top worry, as government slashes green transition budget
PoliticsGreek Politicsthe opposition. The government, meanwhile, has signalled plans to halve the budget for its green transition... discontent over unresolved issues to do with the economy and public services. Green transition cuts Public.... The latest version of the plan, which is due to be published at the end of July, sees spending on the green
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Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
EconomyBankingof the Project Galaxy securitization, the stock of non-performing exposures (NPE) in Greece fell to 8.81... Project portfolio (taking into account the retention of senior notes of 3.8 billion euros). Loan balances
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PM mulling reshuffle to get political project back on track in 2021
PoliticsGreek Politics2021 as a year that he can get his political project, based around business-friendly policies
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PDMA's debt strategy for 2022 includes green bond in 12 bln haul
EconomyGreece’s debt managers (PDMA) published last week the debt strategy for next year, which will include an inaugural green bond in the second half of 2022. The main objectives in 2022 remain broadly... the issuance of Green Bonds. The issue will also strengthen the investor base by meeting ESG standards
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Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
EconomyProgrammethe redevelopment as being constitutional, allowing the project to go ahead. The decision was welcomed by the consortium behind the project to build luxury flats and an entertainment complex on the site
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Athens looks to overcome APS snags as it awaits green light from Brussels
EconomyBankingProject, were submitted to Brussels last month. According to reports, between 9 and 10 billion euros..., on which the Hercules Project is based, would lead to them incurring upfront costs related
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