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December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomy(Belgium) in the capital increase of the Greek consortium SENFLUGA Energy Infrastructure Holdings S.A. for the purpose of acquiring a controlling stake in DESFA (Hellenic Gas Transmission Operator S.A...., which was driven by a rise of 560 million in residents’ holdings of foreign bonds and T-bills
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomyThessaloniki-Thessalia SA, owned by DEPA SA, to Eni Gas e Luce SpA. (EGL). Portfolio investment showed... in holdings of foreign bonds and T-bills. A net decrease in liabilities for the month was mainly due to a 1.2 billion-euro fall in non-residents' holdings of Greek government bonds and T-bills. During
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Tsipras hopes for 'spring' with Russia but brighter days not certain
PoliticsForeign Policyof Greece’s hopes to be part of the project to carry natural gas from Russia: a) The Turkish Stream... would be willing to put at risk its participation in the so-called Southern Gas Corridor via the Trans Anatolian Pipeline (TANAP) to transport natural gas from Azerbaijan to central Europe. c
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Tsipras visits Israel but his aims are not yet clear
PoliticsForeign Policyto analysts and press reports there are five scenarios in relation to the exploitation of gas: A. The construction of a pipeline that will begin from Leviathan gas field heading to Cyprus's offshore Block 12.... D. Pipelines that will reach Egypt but for the gas to then be transferred through LNG tankers
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Athens takes Turkish foreign policy pivot in its stride, sticks to Egypt, Israel goal
PoliticsForeign Policyin Istanbul Shai Cohen publicly stated that “the only way for Israel to export natural gas (from the Leviathan gas field) is Turkey, a country which is able to offer the right infrastructure and secure ways... decided to use Turkey's Ceyhan port to export the natural gas that will be drawn from Leviathan gas
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ND passes major environmental bill against accusations of railroading
PoliticsGreek Politicspower generation capacity from 2017 levels, and reduce greenhouse gas emissions by 42 percent from..., mining, and drilling for oil and gas. The new legislation also reduces the requirements... relating to the natural gas market, the privatisation of electricity distribution networks, and oil
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Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeaturesrenewable generation increased by a third compared to last year, and gas increased its output by almost..., compared to 30 percent generated by natural gas and just 10 percent by lignite. For a total of eight days... natural gas, which is often promoted as a “bridge” to full decarbonisation. A report released by IRENA
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Newsletter 329 - 25/02/2022
are expected to rise. Greece gets about 40 pct of its natural gas from Russia. Over recent weeks, the energy... scenario would see all access to Russian gas interrupted. Contingency plans are thought to involve... to oil where possible in order to conserve natural gas. The government is already acutely aware
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Newsletter 331 - 11/03/2022
of the EU’s wholesale gas market and the “outlandish prices” being paid by electricity producers... of the summit in Versailles. It appears that there is resistance to the idea of capping natural gas..., policies encouraging increased dependence on imported natural gas, and the privatisation of the national
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Newsletter 337 - 13/05/2022
to electricity and natural gas subsidies, which will be funded from the revenues of the Green Transition Fund... goods. Electricity was up 88.8 percent annually and natural gas shot up by 122.6 percent. Heating oil... to rents, electricity, natural gas and heating oil, and a 15.4 percent surge in transport due to fuels
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