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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyof President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation
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France and Greece upgrade defence pact as regional and political risks loom
PoliticsForeign Policyand delivering practical solutions. Renewed engagement with Libya The visit of Greek Foreign Minister Giorgos Gerapetritis on Monday to Tripoli, Libya, marked a significant step in revitalising bilateral... was another key topic during Monday’s talks. Gerapetritis noted that flows from western Libya to Greece
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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeaturesStorage and Regasification Unit) will add an estimated annual capacity of 6.1 bcm/y. Greek national... is expected to cost 370 million euros. Another area of investment is gas storage, which is seen... Aegean is the site for the proposed South Kavala underground storage facility, a proposal that was first
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Authorities ready energy "plan B" for potential supply disruptions as cost of living prompts strike
PoliticsGreek Politicsfor strategic gas storage. DESFA, the owner of Greece’s only LNG terminal at Revithoussa, is planning to increase its capacity with the addition of a floating storage unit. Revithoussa can presently store up... inevitable, as Greece currently lacks the strategic storage capacity to meet the emergency reserve rule
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Newsletter 334 - 08/04/2022
gas storage. DESFA, the owner of Greece’s only LNG terminal at Revithoussa, is planning to increase its capacity with the addition of a floating storage unit. Revithoussa can presently store up..., as Greece currently lacks the strategic storage capacity to meet the emergency reserve rule recently
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Government attempts to offer reassurance against winter energy shortages
PoliticsGreek Politicsstatement listed the increase in storage capacity at the country’s only LNG terminal at Revithoussa... with the addition of a temporary storage facility at Revithoussa, Greece has very little storage capacity... to the cost of keeping the lights on. Plans for a major underground gas storage facility in Kavala have
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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PM briefs EU leaders on migration stance as Turkey tries to pin blame on Greece
PoliticsForeign Policythat Turkey has usually interpreted it. Libya There is a possibility of a ceasefire in Libya within the next.... But, according to government spokesman Steffen Seibert, Merkel told Haftar that the situation in Libya... that will take place in Libya's international waters aiming to preserve the UN arms embargo. The new
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