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IMF's Article IV consultation notes progress, reiterates low long-term growth outlook
EconomyMacroeconomyinvestments, particularly in infrastructure and the green transition. Further, sustained reforms.... Upskilling in digital and green technologies can help reduce labour mismatches and enhance
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Government’s effort to revive economic success story narrative heavily reliant on RRF execution
PoliticsGreek Politicsa narrative of rapid absorptions, accelerating green and digital transitions and a growing economy. Ministers... from its crisis era as a capable, credible partner in Europe’s green and digital future. Failure risks
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Athens goes over energy plans, eyes enhanced role
PoliticsForeign Policynatural gas (LNG) is expanding, prompting Greece to upgrade the Revithoussa LNG Terminal... completed. TAP will transport natural gas from Azerbaijan’s Shah Deniz II field to Europe... between the natural gas systems of Greece and Bulgaria, entering near Komotini and exiting near Stara
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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... km of the pipeline passing through Greece which will link to with the Trans-Anatolian Natural Gas... with Israel to supply private power plants with up to 23 billion cubic meters of natural gas from
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What next for Cyprus gas after the Exxon find?
Agorarepresent an in-place natural gas resource of approximately 5 trillion to 8 trillion cubic feet (142 billion... predictions at this stage. Q: So where does this leave us? A: Natural gas is a long game. It takes many... competition from Egypt, as well as the fact that natural gas as a key energy source may yet be overtaken
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Turkey's actions in Cypriot EEZ put Athens, Nicosia on alert
PoliticsForeign PolicyAthens and Nicosia are on alert following Turkey’s bid to drill for natural gas in waters within... of Cyprus. It seems to have chosen deliberately this area as its main aim is to drill for natural... strategy based on natural gas finds in the area. There is a risk that the latest move by Ankara
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FM visits Egypt and Cyprus with eye on EEZ, EastMed pipeline and new UN talks
PoliticsForeign Policy-Egyptian Exclusive Economic Zone. Liquefied natural gas (LNG) ships will then be able to transport.... The Egyptian Natural Gas Holding Company (EGAS) has recently announced a bid round for exploration and exploitation of oil and natural gas in 24 blocks. The round, which concludes on August 1, includes nine
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Mitsotakis tries to dig way out of snowstorm fallout
PoliticsGreek Politicsdesperately lacking in its ability to organise a coherent and effective response to a natural disaster..., when SYRIZA was in power in 2018, Mitsotakis pledged an improved response to natural disasters... several times and, although it may have avoided the numerous deaths that occurred during natural
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CPI reaches 6.2 pct in Jan as inflation hits highest since late 1990s
EconomyMacroeconomyand non-alcoholic beverages, a 22.6 percent rise in housing mainly due to rents, electricity, natural gas... annually and natural gas shot up by 154.8 percent. Heating oil also moved strongly with a rise of 36... percent in electricity, natural gas and heating oil respectively. The sub-indices for goods were up
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CPI up to 7.2 pct in Feb as widespread inflation hits highest since pre-euro era
EconomyMacroeconomyin housing mainly due to rents, electricity, natural gas and heating oil, and a 12.2 percent surge..., electricity was up 71.4 percent annually and natural gas shot up by 78.5 percent. Heating oil also moved... percent in electricity and 8.5 percent in heating oil, while natural gas was down by 23 percent month
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