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Short-term fix for electricity bills leaves open questions for green transition strategy
SocietySeptember natural gas reached record high prices of over 50 euros per MWh, with some analysts predicting... at an average price of 23.7 euros per tonne, and close to 400 million euros for 15.47 million tonnes in 2020 at 25.6 euros per tonne. Its projections for 2021 totalled 14 million tonnes, of which it reportedly
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturesis that though average refinery capacity in Greece is lower compared to the European average (131,000 barrels per day versus 144,000 barrels per day), the average Greek refinery’s Nelson complexity factor sits..., followed by Iran (until sanctions in 2012), Libya, Saudi Arabia and Kazakhstan. As of January this year
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Bond issue decision expected as clock ticks down
PoliticsGreek Politics. The extra payments range between 35 and 150 euros per month. The bill also proposes that legal action... in September 2015, when then-Interior Minister Panayiotis Kouroublis asked local authorities to list... Accounting Office because of fiscal concerns. It has been revived under the current Interior Minister Panos
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Q1 GDP provides a positive surprise with 0.4 pct quarterly growth
EconomyMacroeconomynot available at the time of the flash estimate. The GDP expansion in Q1 reflects a rebound in final... percent fall in foreign arrivals, coupled with a decrease in the average expenditure per trip..., expecting GDP to grow by 2.1 percent, while the IMF estimate is slightly higher at 2.2 percent.
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Newsletter 325 - 28/01/2022
showed that the primary balance landed at 10.33 billion euros last year, improved from the estimate... for Civil Protection, Transport, Energy, Citizens’ Protection and Interior. It is certain... against the initial estimates included in the 2021 budget, Greece finds itself way off its initial
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Newsletter 409 - 26/01/2024
in 2023 that beat the initial budget estimate at the end of 2022 by 1 billion euros. The IMF does.... Interior Minister Niki Kerameus stunned the opposition parties this week when she introduced a last..., with growth estimates for 2024 at 2.1 pct, taking a more moderate view compared to the 2.9 pct
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Newsletter 438 - 25/10/2024
came from the IMF estimate for 2029, which sees the economy slowing down significantly to 1.3 pct... details of overseas voters from the Interior Ministry and use them for campaign mailshots. The party... Ministry’s own growth estimates that were included in the latest Medium-Term Fiscal-Structural Plan
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Newsletter 419 - 05/04/2024
per cent. The number of undecided voters is estimated at 14 pct. New Democracy is aiming... appear to have extended their lead over PASOK, with 15 per cent against 12.5 pct. The poll also confirms..., there is a critical mass of evidence that the Finance Ministry’s estimate of 2.9 pct will likely be out
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Athens pleased with Washington talks despite lack of definitive US position on Turkey
PoliticsForeign Policyactions in the East Med and Libya. The Greek government has many times since Tuesday tried to play down... replied: “when you're talking about Libya, we're discussing with President Erdogan, we're discussing... talked about that subject specifically — Libya and what's going on. We'll be talking to Russia
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturesan overall import capacity of 11.3 billion cubic metres per annum (bcm/y) through three entry points... in 2020, it will have an initial capacity to deliver 10 bcm of Caspian gas per year... that this estimate may be revised downwards. Even some of the more ambitious projects that have been
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