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Natural gas from TAP pipeline to support energy supply to Europe, Balkans

An increase in the capacity of the TAP natural gas pipeline is being planned to help reduce dependence on Russian gas in Southeastern Europe,...

Registered unemployment down 0.52% in June

Registered unemployment totaled 921,647 in June, down 0.52% from May (921,647) and down 2.85% compared with June 2021, Public Employment Service (DYPA) said in...

Debt settlement mechanism progressing, more effort needed, Greek FinMin says

Greek authorities are speeding up efforts to implementing a new out-of-court mechanism for debt settlement, with loans worth more than 20 billion euros currently...

ExxonMobil gets majority of exploration rights for Crete project

Hellenic Petroleum on Tuesday announced that ExxonMobil acquired the majority of hydrocarbon exploration rights in the region of west and southwest of Crete, following...

EFSF approves additional 103.3 mln euros in policy-contingent debt relief for Greece; 644.2 mln disbursed last Friday

The European Financial Stability Facility (EFSF) on Tuesday announced that its board has decided to reduce to zero the step-up margin accrued by Greece...

Employment flows positive in June

Employment flows remained positive in June and in the first half of 2022, the "Ergani" IT system said in a report released. More specifically, new...

Skrekas: Green transition is the government’s firm target

Εnvironment and Energy Minister Kostas Skrekas on the occasion of the imminent tenders for new units of Renewable Energy Sources and on the upgrading...

Government to deploy four-point plan for energy crisis, increase use of lignite coal, sources say

A four-point plan to ensure an adequate supply of energy at affordable prices, which pivots on a doubling of electric power production using lignite...

Finance ministry pressures banks and servicers for more private debt settlement deals

Greek Finance Minister Christos Staikouras is pressuring banks and servicers to intensify efforts towards finding solutions for the settlement of non-performing loans, both through...

Greek enterprises’ turnover up 51.8% in May

Greek enterprises' accumulated turnover reached 91.49 billion euros in the firsts quarter of 2022, up 38.4% compared with the same period in 2021, Hellenic...

Greek economic growth to exceed EU average rate, Commission report says

Economic growth in Greece will exceed the EU average in 2022, but the inflation rate will remain high, the European Commission said in its...

Orama Nexus to develop ground-breaking Advanced Air Mobility Network in Greece

Orama Ventures LLC οn Thursday announced one of Europe’s first fully diversified, national Advanced Air Mobility network to be developed in Greece. The new...

Aegean Airlines & Hellenic Petroleum sign SAF supply agreement

Αegean Airlines and Hellenic Petroleum on Tuesday signed a strategic agreement for the use of sustainable aviation fuel SAF, effectively putting Greece on the...

Greek FinMin calls for European initiatives towards energy security

Εurope "needs initiatives towards energy security and dealing with the energy crisis, along with a better European coordination in policies to addressing the economic...

Bank of Greece governor calls for reform of Stability and Growth Pact

The time is ripe for a reform of the Stability and Growth Pact, Bank of Greece governor Yannis Stournaras told the 22nd Rencontres Economiques...

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