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Passenger traffic at Greece’s airports soars Jan-Apr 2022

Passenger traffic at Greece’s airports soared 383% to reach 8.1 million in the period January-April 2022, compared with the same period in 2021 when only 1.7 million were recorded due to Covid restrictions, the Civil Aviation Authority said on Monday. The CAA added on its statement that scheduled flights at …

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New gas pipeline boosts Europe’s bid to ease Russian supply

Mountainous and remote, the Greek-Bulgaria border once formed the southern corner of the Iron Curtain. Today, it’s where the European Union is redrawing the region’s energy map to ease its heavy reliance on Russian natural gas. A new pipeline – built during the Covid-19 pandemic, tested and due to start …

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Greece has enough energy supplies, payment to Gasprom end of May

Greece has sufficient energy and no interruption in the country’s supplies is expected, according to an emergency meeting chaired by Prime Minister Kyriakos Mitsotakis on Wednesday. Greece’s energy supplies are secured and the country will make the next payment to Russian gas producer Gazprom at the end of May, the …

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Greece reissues 7-Year bond, raises €1.5 billion at 2.51%

A book-building process for the reissue of a 7-year bond attracted strong interest on Wednesday. Half an hour before the closure, bids were exceeding 5.8 billion euros, sources told media. Ultimately, the process concluded with the Greek state to have reportedly raised 1.5 billion euros at an interest rate of …

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