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HRADF's updated plan for 19 privatisation projects published
The Hellenic Republic Asset Development Fund (HRADF) asset development plan was published in the Government Gazette on Wednesday following its approval from the government’s Economic Policy governing council.
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Mytilineos Group posts steady 2015 growth across sectors
The industrial conglomerate Mytilineos Group has released its 2015 annual financial results which show that the group maintained a steady rate of growth and continued to consolidate its position in all three of its business activity areas, namely the EPC projects sector, metallurgy and mining and energy through its various subsidiary companies.
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Terna Energy posts significant profit increase for 2015
The renewable energy company Terna Energy has released its financial results for 2015, showing a 25.5 percent increase in consolidated sales compared to the previous year.
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Greece and lenders seen inching towards deal on ADMIE
The Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 billion.
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Energy drives closer cooperation between Greece, Cyprus and Egypt
Greece, Cyprus and Egypt have agreed to accelerate talks on the outstanding issues related to the delineation of the three countries' Exclusive Economic Zones (EEZ).
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Kerry positive during Athens visit, shows keen interest in Cyprus and energy
Strong support for Greece over its struggle to handle the refugee situation and the economic reform programme were the main public messages to emerge from the visit to Athens by US Secretary of State John Kerry last Friday.
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Privatisation of power transmission firm ADMIE a key challenge among prior actions
The privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion.
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Greece changing direction on energy policy, warms to US-backed projects
Following a meeting with his Bulgarian counterpart Daniel Mitov in Athens on Wednesday, Foreign Minister Nikos Kotzias commented that “the world is changing and energy sources are changing,” which appears to be confirmation of the Greek government’s switch in energy policy.
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SYRIZA seems to be mulling a switch in Greece's energy policy
The SYRIZA-led government in Athens appears to be re-orientating its policy and strategic relations in regards to the energy sector.
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
The Eurogroup Working Group (EWG) decided on Friday a long list of 49 milestones that Greece will have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion euros.