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Energy
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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
Europe’s need to secure cheaper energy could be resolved by an ambitious project being promoted by Egypt and Greece, although the role of Turkey in the region could play a vital role.
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Energy tops agenda as FM heads to Israel
Greek Foreign Minister Nikos Dendias was due to visit Israel on Tuesday with the aim of reaffirming Greece’s strong ties with the new government led by Benjamin Netanyahu.
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Opposition clashes with govt over high energy prices, cost-of-living measures
Greece recorded the highest wholesale electricity prices in Europe in the past week, prompting opposition parties to attack the government, calling for a rethink of its support package.
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Athens expands survey area off Crete, signs MoU with Egypt
Greece’s decision to issue a new Navtex, expanding the area of seismic surveys for hydrocarbon deposits by US ExxonMobil southwest of Crete, is expected to act as a test of the government in Tripoli (GNA) as well as Turkey.
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Govt hints at more relief measures as opposition lambasts electricity bill fixes
The latest budget performance figures offered a pleasant surprise for the government, which has immediately got to the task of balancing public expectations for more assistance with the need to reassure the markets of its commitment to fiscal discipline.
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Privatisation of key northern ports on hold amid strategic rethink
The ports of Alexandroupoli and Kavala in northern Greece are to remain under state control, according to a surprise announcement made last week.
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
Last week Prime Minister Kyriakos Mitsotakis announced the initiation of seismic surveys to locate potential natural gas reserves in two offshore blocks southwest of the Peloponnese peninsula and the island of Crete.
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Opposition keeps pressure on Mitsotakis as surveillance issue sends ripples through ND
Monday’s TV interview, in which PM Kyriakos Mitsotakis angrily dismissed the latest round of revelations on the surveillance of public figures as unsubstantiated, failed to put an end to the pressure he is receiving on the subject.
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Tsipras calls for more state intervention in energy sector as hopes for EU solution dwindle
As the European Commission is widely expected to announce a compromise proposal for tackling rising gas prices, SYRIZA leader Alexis Tsipras has called for bolder initiatives at the national level to contain prices and bolster energy security.
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PM mulls more assistance with energy costs through winter
The government is reportedly considering whether to offer more financial assistance to households during the winter, on top of the handouts announced recently by Prime Minister Kyriakos Mitsotakis.