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Athens goes over energy plans, eyes enhanced role
PoliticsForeign Policythis framework, the EastMed pipeline is seen as a major energy project. The relevant agreement was signed... will be around 1,518 km. The project is due to start in June 2017. It will cost an estimated 29 million euros... the last 12 months, approximately 49 percent of TAP’s project route in Greece and Albania has been
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Greece as an energy hub: Reality or wishful thinking?
EconomyFeaturesmajor achievement was the signing of the Trans Adriatic Pipeline (TAP). This project sees some 550... submarine cable. The EU plans to partially fund the project, and there are suggestions that fibre optic cables will be laid alongside the 1,518-km interconnector simultaneously. Work on the project
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policy, Kimberly Guilfoyle. For the United States, the IMEC project is of crucial importance, as it is seen... implementation as a strategic project. Greece, Cyprus and Israel are also strong supporters of IMEC..., the Mediterranean Pact, IMEC was included as a flagship project. A few days ago, Cypriot Foreign Minister
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Hitman's furlough and investment complications pose new problems for Tsipras
PoliticsGreek Politicsin the project raised objections to the changes being demanded by Greek authorities following... due to be constructed to be reduced. The consortium, though, says this would leave the project... issued in relation to the project asks for 16 changes to be made. It argues that some
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Report exposes fractured and incomplete response to refugees
Society. This had risen to 109 by the end of April. The PHILOS project (Comprehensive Emergency Health Response... million euros was allocated for a revised PHILOS 2 project, along with a 400-euro stipend for staff... deployed under the PHILOS project on Greece’s islands with the shortfall covered in some cases
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Tsipras hopes for 'spring' with Russia but brighter days not certain
PoliticsForeign Policyparticipating in the Turkish Stream pipeline project that was agreed by Russian President Vladimir Putin... of Greece’s hopes to be part of the project to carry natural gas from Russia: a) The Turkish Stream has been designed as a replacement for the abandoned South Stream project but there are still
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economy. The implementation of the Hellenikon project will contribute significantly in this direction, IOBE stresses. As we..., such as credibility and culture, the investment in Hellenikon project would drive GDP higher by 7.42... generation from the project operation and additional foreign tourism revenues, which are estimated
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Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets
EconomyBanking. The portfolio has been named Project Pillar. The securitised portfolio includes around 45,000 non... portfolios worth 1.9 billion euros in total under the names Project Jupiter and Project Mercury. The sale... bidder in November for Project Jupiter, a 1-billion-euro corporate loan portfolio covered with real
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingstated. Eurobank’s Project Pillar non-performing loan sale is moving to its next phase and attracted... interest in a second round of their Cairo Project portfolio. This project involves the securitisation... that it had sealed a deal to sell 1 billion euros of its non-performing loans (Jupiter project) which had
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingof 500 million euros of shipping exposures (project Nemo) in July 2019 and is close to signing an agreement for the sale of 600 million euros of unsecured exposures (project Iris) and the sale of 300 million euros of secured large corporate exposures (project Trinity) within Q4 2019. Management also
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