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No surprises in Trump’s NSS for Greece as Athens outlines Ukraine position
PoliticsForeign Policyan agreement to facilitate the transport of US liquefied natural gas (LNG) to Ukraine. The deal... billion cubic metres (bcm) of gas annually from Greece to Ukraine. While modest compared to Kyiv’s overall needs, it reflects Washington’s strategy to create alternative gas routes to Central Europe
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBankingHoldings, a company owned by Tourism Enterprises of Messinia (controlled by the Konstantakopoulos family) and D-Marine Investment Holding. The latter is based in Amsterdam and operates as a subsidiary... Bank Cyprus (PBC), to Holding M. Sehnaoui for a consideration of 3.2 million. The transaction
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Newsletter 395 - 29/09/2023
participation to almost full ownership at 98.6 pct holding. As HFSF opted to sit out the subsequent capital increases, its share was substantially diluted, essentially losing its entire holding... in the share capital of Eurobank, setting in motion its plan to dispose of its holdings in the four
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State braces for losses as bank divestment plan is put into action
EconomyBankingof state capital, which pushed up state participation to almost full ownership at 98.6 pct holding. As HFSF... losing its entire holding in Eurobank, and its stake fell from 95.23 pct in the end of 2013... of its holdings in the four systemic banks, bringing to a close a long period of state involvement
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Positive sentiment around banks continues to grow
EconomyBanking. The largest holding amongst the four systemic banks is with NBG at 40.39 pct and it is expected... pct and Alpha Bank with a 9 pct holding. Market participants argue that despite the positive... its intention to proceed as planned with the divestment of the Greek state holdings, via HFSF
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Kerry positive during Athens visit, shows keen interest in Cyprus and energy
PoliticsForeign Policylong-term plans include the construction of an LNG gas terminal, possibly in Alexandroupolis, northwestern Greece. The gas terminal will supply the European market through the Greek-Bulgarian (BGI... diversification of European energy sources, which could also perhaps allow in the future US shale gas
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HRADF's updated plan for 19 privatisation projects published
Economy, water utilities and gas companies. We present below the state of play with the most important... bidder SOCAR for the acquisition of a 66 percent stake in the Hellenic Gas Transmission System... Commission Directorate General for Competition (DF Comp). HRADF holds 65 percent of shares Public Gas
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammewith the required measures for the liberalisation of the gas market, while the Competition Committee... duty of greenhouse gas emissions reduction (ETMEAR) and the restructuring of the Renewable Energy... of court settlements. · Reforms in the gas market improving the access to many suppliers
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Energy cooperation provides platform for Greece and Bulgaria to strengthen ties
PoliticsForeign Policyof the Interconnector Greece-Bulgaria (IGB) gas pipeline. IGB is now strongly supported by Greece following a switch... pipeline to be ready at an operational level in 2017. The main aim of IGB is to carry gas from Azerbaijan through TAP (Trans Adriatic Pipeline), as well as US liquefied natural gas (LNG). Tsipras said
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After calm summer, hectic September lies ahead for Greek government
EconomyProgramme) has already been implemented. Prior actions also involve implementation of gas market reforms, including the adoption by the energy regulator (RAE) of gas distribution and transmission tariffs, facilitation of the unbundling process and completion of the review of the gas release programme
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