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Tag Archives: energy

Public Power Company PPC hires an Artistic Director for its choir… #NoWords

Greece’s Public Power Company hired an artistic director for its choir. It sounds like a bad musical the moment the PPC announced to retrieve retrospectively €735 million euros from electricity consumers as  outstanding debt have reached 2.2 billion euros. In a job opening that run from March 24 to April …

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Lenders press Greece to sell 40% of PPC lignite units and energy producing plants

Greek Interior Minister – an Energy minister in first SYRIZA government – Panos Skourletis accused on Monday international lenders of reneging on a 2015 bailout deal by trying to force a fire-sale of its main electricity utility Public Power Corporation (PPC/DEH) to serve “domestic and foreign business interests.” Later, a …

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One more Eurogroup for Greece as three major reforms remain open

One more Eurogroup for Greece as eurozone finance ministers meet in Brussels  later on Monday.  One more Eurogroup without great expectations like concluding the second review. The Greek government anticipates a sign of progress and looks towards the next Eurogroup meeting in April. Aim of both sides is to bridge …

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Greece, Israel & Cyprus sign “historical” Cooperation Agreement on Energy

Greek Prime Minister Alexis Tsipras, Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nikos Anastasiades came together to Nicosia and signed a joint cooperation declaration that has been hailed by the three leaders as “historical”.  The three leaders pledged closer cooperation in seven fields: energy, tourism, research and technology, environment, …

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Greece-Egypt-Cyprus Tripartite Summit declaration

A third Trilateral Summit between Greece, Egypt and Cyprus in Athens on Wednesday effectively solidified the foundations of the cooperation between the neighboring countries in the years to come. “Our 3rd Trilateral Summit underlines our well-established and continuous tripartite partnership aiming at promoting peace, stability, security and prosperity in the …

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Greece Picks Norwegian PGS for Offshore Oil, Gas Research

Greece selected Norway’s Petroleum Geo-Services (PGS) to carry out offshore seismic tests in the country’s south and west, the government said on Wednesday, paving the way for the launch of an oil and gas drilling bidding round in 2014. Oslo-based PGS will send a ship to the Ionian Sea and off …

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Papandreou-Clinton: Talking About… Office Decoration! (video)

That was an aspect I admit I didn’t take into consideration when I was writing about Hillary Clinton’s visit in Athens and the agenda of the talks. Greece’s prime Minister George Papandreou and  U.S. Secretary of State Hillary Clinton talked about …decoration! Precicely the talked about the office decoration of Greece’s PM. …

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What in Hillary Clinton Doing in Greece?

Blocking traffic on the main streets? Swimming at Glyfada’s VIP resort? Keeping busy policemen and journalists over a hot weekend? Talking about economy? Crying together with the Greeks about the miserable debt situation of the two countries? She does all these and much more. US Secretary of State Hillary Clinton …

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Kastellorizo: What’s in the mind of Turkish FM Davutoglu?

That Ankara keeps an eye on the islet of Kastellorizo is not new. But Turkey’s insistence that the tiny island  should be left out of the bilateral exploratory talks is something I don’t like at all. Should we see it as an Ankara’s attempt to create a new ‘grey zone’? Not similarly to …

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