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  1. Newsletter 349 - 02/09/2022

    Newsletters

    prices soared during the summer, following Russia’s drip-feed approach to natural gas supplies to Europe. Since electricity wholesale prices are closely tied to natural gas, the Greek scheme quickly

    4%

  2. Finance Ministry costs new support package, but questions remain over electricity subsidies
    Photo via www.government.gov.gr

    Economy

    Transition Fund. The actual cost of the electricity and natural gas subsidies will take up over 10.5... billion euros and is turning into one of the main fiscal risks as gas prices refuse to settle, supply

    4%

  3. SYRIZA, PASOK leaders prepare responses to stark choice presented by PM
    Photo by MacroPolis

    PoliticsGreek Politics

    for households using gas to switch back or over to oil-burning heaters, when Parliament passed a law... some targeted measures for households that have switch to gas use, which Greeks have been encouraged

    4%

  4. Despite solid annual growth of 28.1 pct, import prices record first back-to-back monthly drop since 2020

    EconomyMacroeconomy

    , with electricity and gas supply posting rises of 142.4 percent YoY, followed by manufacture of refined oil products up by 76.5 percent and extraction of crude oil and natural gas rising by 49.9 percent

    4%

  5. PM heads north to rally voters ahead of tough winter
    Photo via www.ellaktor.gr

    PoliticsGreek Politics

    bills, as well as for natural gas and petrol. The government is on course to have spent more than 13... third highest when it comes to spending on natural gas. These figures help to underline why

    4%

  6. Athens content with Scholz's first visit, looks for US backing on Libya

    PoliticsForeign Policy

    leaders, has been seeking an EU price cap on natural gas. At the recent EU Council, the leaders did... as well as the operation of a second natural gas pipeline from Greece to North Macedonia. All

    4%

  7. Newsletter 357 - 04/11/2022

    Newsletters

    of an EU-wide solution on natural gas that is the driver of wholesale electricity prices. Based on the same... Bulgaria and Germany on the impact of gas, with Greece close to Germany at over 13 pct. Another

    4%

  8. Privatisation of key northern ports on hold amid strategic rethink
    Photo by Fosphotos

    PoliticsGreek Politics

    of imported gas. The port’s proximity to the Interconnector Greece-Bulgaria (IGB) and the TAP pipeline creates a hub for the transhipment of natural gas to southeast and central Europe. A further rationale

    4%

  9. CPI growth slows to 8.5 pct as electricity prices record rare 5.3 pct YoY fall
    Photo via www.lamdadev.com

    EconomyMacroeconomy

    -alcoholic beverages, a 4.8 percent rise in housing mainly due to rents, natural gas and heating oil... that was down 5.3 percent annually, while natural gas shot up by 27.8.4 percent. Heating oil also moved

    4%

  10. Opposition clashes with govt over high energy prices, cost-of-living measures

    PoliticsGreek Politics

    in natural gas prices, the main driver of electricity prices, as it purchases gas priced on the month

    4%