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Newsletter 235 -17/01/2020
was 2.82 billion, municipalities spent 1.12 billion, social funds 166 million and 859 billion
7% -
April primary surplus beats target thanks to improved taxes and contained spending
EconomyMacroeconomy884 million euros from the RRF this year.
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
EconomyMacroeconomyeuros. It has also received a new tranche from the RRF of 884 million euros.
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Budget balance up to May well above target as VAT brings in 650 mln more than planned
EconomyMacroeconomyalso received a new tranche from the RRF of 884 million euros.
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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturesfrom Russia, and 25 percent comes in the form of liquefied natural gas (LNG). DEPA was until recently... using the LNG terminal at Revythoussa, and more recently pipelines, to import gas. Distribution networks..., and the consuming nations of Europe, and its location on key seaborne routes for LNG shipments make
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Athens and Washington agree plan for closer ties as Skopje paves way for name deal
PoliticsForeign Policywith news regarding the first ever shipment of liquefied natural gas (LNG) from Texas to Greece. It is expected to arrive at the Revithoussa LNG terminal, west of Athens, on December 29. In a statement on Thursday, Greece’s Energy Ministry confirmed that LNG from the US will be unloaded before the end
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Government focusses on security of energy supplies in light of Ukraine escalation
PoliticsGreek Politicsplans are thought to involve building up reserves at the LNG terminal at Revithoussa and increasing... to be considering the possibility of bilateral deals with alternative sources of LNG such as Egypt, as intensified competition for LNG shipments globally is expected to cause further price spikes and restrict
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Greece needs to re-think natural gas policy, starting with demand
AgoraLNG, covering 25 pct of Greek demand. The remainder has been supplied by Turkey via pipeline and a variety of other sources including Qatar and Algeria via LNG. In the latest diversification move... of additional gas storage and LNG regasification facilities, fast-track licensing for domestic
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Government seizes crisis moment to boost investment in energy infrastructure
PoliticsGreek Politicssupply, and has lately been taking delivery of LNG from the terminal of Revithoussa via the Greek gas... gas infrastructure projects are being approved in Greece, focussing mainly on opening up new LNG... of the capacity of Greece’s only existing LNG terminal at Revithoussa. Over 44 percent
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Summit of transactions – Erdogan and Trump
Agorathe prospects of securing support. Energy: LNG deals vs. Russian dependence Energy will be another... with Washington while preserving energy links with Moscow. The White House is likely to present LNG... package will likely be finalized, LNG contracts announced, and the Boeing order highlighted
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