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Greece as an energy hub: Reality or wishful thinking?
EconomyFeaturesenergy for the EU. Currently, Russia is the largest exporter of oil and natural gas to the EU... the Mediterranean - the Southern Gas Corridor - a crucial investment, stating that “the Mediterranean area can act as a key source and route for supplying gas to the EU.” This is where Greece comes in. The first
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Newsletter 334 - 08/04/2022
to reduce reliance on natural gas for the foreseeable future due to the skyrocketing prices driven... domestic energy production by increasing dependence on imported natural gas. The prime minister’s... to face the prospect of disruptions in the supply of Russian gas after supplier Gazprom demanded payment
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Government seizes crisis moment to boost investment in energy infrastructure
PoliticsGreek Politicsinvestments by domestic players have been given the go-ahead, while a new gas pipeline to Bulgaria has been hailed as a game-changer for countries formerly dependent on Russian gas. On Saturday, Prime Minister Kyriakos Mitsotakis was in Sofia for the official inauguration of the IGB gas pipeline, which
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Greece and Ukraine sign LNG deal as US looks on
PoliticsForeign Policymolecule of Russian gas” with American LNG when it inked a deal on Sunday to help Ukraine meet its... Zelenskyy’s official visit, will see Greek gas supplier DEPA Emporia and Ukraine’s Naftogaz... will be transported from December 2025 to March 2026 to help offset losses in Ukrainian gas production
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeatureson this concession acts as a hindrance to revenues flowing for the government, delays to the Public Gas... of a stake in Attica Gas Corporation from Shell to DEPA was signed for a price of 150 million euros... privatisations are still in the works, including the Hellenic Gas Transmission System Operator (DESFA) which
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Regulatory and legal challenges from the increased penetration of LNG
Legalof natural gas production within the EU, as well as the impending decrease in long-term gas contracts in the coming years, render increasingly important the role of Liquefied Natural Gas (LNG) in a series of issues affecting the natural gas market, among which the crucial issue of security of supply
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Athens promotes role as energy hub as PM prepares for talks in Washington
PoliticsForeign Policyalternatives to Russian gas, the Prime Ministers of Greece, Bulgaria, North Macedonia and Serbia will meet... and his three counterparts are scheduled to tour works on a liquefied natural gas unit near the port... to Poland and Bulgaria over a dispute about payments in rubles. The imported gas will supplement
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomybasis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyto 277 euros. The breakdown of incoming tourist activity by country showed strong growth in arrivals
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Court ruling on pension cuts could create new problem in talks, fiscal plans
EconomyProgrammepensions of a total amount of 2.07 billion and the remaining 277 million relates to supplementary
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