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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
PoliticsForeign Policyofficials hope the project will be soon given the green light by Brussels’ Directorate-General... at 1.3 billion euros. The Greek project foresees the distribution of green energy from Egypt through...Europe’s need to secure cheaper energy could be resolved by an ambitious project being promoted
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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingEurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions
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UK and EU travel restrictions raise concerns for tourism season
PoliticsGreek Politicsof the EU’s Digital Green Certificate, has added urgency to the government’s quest to attract... a bilateral agreement signed earlier this year. The agreement allows visitors from one country to visit... with Israel is seen as a possible blueprint for further bilateral deals with countries including the UAE
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeatures. Greek and Cypriot regulators have approved the project, which is one of the EU’s Projects of Common... the largest infrastructure project currently under construction is the Trans-Adriatic Pipeline (TAP..., the IGB project is receiving high-level support from the US (a major LNG exporter) as well as the EU
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Newsletter 286 - 26/02/2021
Ministry is under pressure from the retail sector to give the green light for shops to reopen... in relation to the marquee project of Hellinikon. The market test that would close the antitrust case... was negative with a 305 million-euro drop in lending, compared to an increase of 1.65 billion euros
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Promises and challenges of Greece's "green new deal"
EconomyFeatureseconomic potential in green technologies and an appetite for change among the public. As the details of Greece’s “green new deal” begin to emerge, we assess the promise and the challenges of the new... in the rate of adoption of green technologies. The total level of investment called
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Athens aiming to boost EU-Balkan momentum
PoliticsForeign PolicyGreece and North Macedonia and bilateral relations are improving, as evident during the visit... government is aiming to enhance both bilateral relations with the Balkan countries and to make up... an agreement soon. Also, North Macedonia secured its place in the FSRU LNG project in Alexandroupolis
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Are hirings in the public sector out of control?
EconomyFeatures. “The government is proceeding with thousands of irregular appointments and grantings of tenure, while... payroll overnight simply by not proceeding with renewals. Over 100,000 contract positions were... permanent public sector staff and 15,000 contractors, at a cost of 600 million euros. These accusations
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politicsproject, by which the original scope of Contract 717 was altered. The supplementary contract foresaw... According to the EPPO, the two companies making up the consortium responsible for the project arbitrarily... granted, resulting in the project not being completed more than nine years after Contract 717
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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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