After talks with lenders, Greece returns to list of tasks to secure next bailout paymentEconomyProgramme
The discussions between the Greek government and the institutions that resumed last Monday concluded, as had been scheduled, on Friday and have left Athens with numerous matters to take care of in the coming days.
Terna Energy H1 2016 net earnings fall 53 pct on FX movementsEconomyCorporates
Renewable energy company, Terna Energy’s results for the first half of the year show that consolidated sales came to 93.8 million euros compared to 85.4 million euros during the first half of 2015, an increase of 9.8 percent.
Can Greece learn to love renewable energy?
Greece is one of the most fossil-fuel dependent countries in the European Union, and has struggled to shake off this label at a time when the production of energy from renewable sources is one of the fastest growing sectors in the world.
After calm summer, hectic September lies ahead for Greek governmentEconomyProgramme
Although August appears to be a relatively quiet month for the government, particularly compared to the previous months and last year, there is a list of 15 prior actions the government is supposed to implement by mid-September to receive the next aid tranche of 2.8 billion euros.
Energy cooperation provides platform for Greece and Bulgaria to strengthen tiesPoliticsForeign Policy
Greece and Bulgaria should seek ways to enhance their cooperation and model their relationship on the one between Germany and France, Bulgaria's Prime Minister Boiko Borisov is said to have told his Greek counterpart Alexis Tsipras when the pair met in Sofia earlier this week.
Mytilineos Group H1 2016 turnover steady, profits downEconomyCorporates
The industrial conglomerate Mytilineos Group has released its H1 2016 financial report showing that the group managed to maintain steady growth in the face of a challenging domestic and international business environment, but did register some marginal losses compared to the same period last year.
First phase of process to find strategic investor for ADMIE completedEconomy
The Public Power Corporation (PPC) announced on Tuesday evening the completion of the first phase for the sale of a 24-percent stake in the Independent Power Transmission Operator (ADMIE).
First review completed but more prior actions lie ahead for GreeceEconomyProgramme
Following the agreement reached at the Eurogroup Working Group (EWG) on Thursday, parts of the supplemental memorandum of understanding (MoU) were revealed over the weekend.
Government tables amendments with aim of securing bailout tranche within daysEconomyProgramme
The government tabled in Parliament on Wednesday evening four amendments regarding most, but not all, of the pending prior actions required for the disbursement of the next bailout tranche of 7.5 billion euros.
Terna Energy Q1 2016 net profits fall on FX exchangeEconomyCorporates
Renewable energy company, Terna Energy’s first quarter results for year show that consolidated sales came to 50.4 million euros compared to 45.9 million euros for the same quarter last year, an increase of 9.8 percent.