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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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PM defends stance on Turkey and troubled electricity cable project
PoliticsForeign Policy” referring to Ankara’s claim that no major energy project in the Eastern Mediterranean can advance... recently described the project as “not viable,” raising questions about its prospects. Mitsotakis... it wants the project. “I will do everything in my power to ensure that there is cooperation from
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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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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agora“In the medium to long term, we aspire to be exporters of green energy, by harnessing... of the EU’s response to the Ukraine war. The country has now pivoted towards becoming a green energy... Ukraine. In this project, Greece received considerable diplomatic support from the US, motivated both
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Banks end year with continued bad loan sales
EconomyBanking-risk corporate NPE portfolio code-named Project Danube, with a total gross book value of 174 million... billion euros via securitisation. Project Frontier will reduce bad loans by more than half, from... the Project Frontier securitisation. Still on the cards are Vega Phoenix from Piraeus worth 7
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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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