Greece
Economy
300 Oil Companies Interested in Ionia and Crete
Approximately 300 foreign oil companies have been in touch with the Greek Ministry of Environment, Energy and Climate Change, expressing an interest in the seismic results from a survey in the Ionian sea area and northern Crete, carried out by...
Economy
Cut to the Bone: The Samaras Measures
Already buried by 2 ½ years of austerity measures imposed by the government on the demand of international lenders putting up $325 billion in bailouts for the country’s faltering economy, Greek workers, pensioners and the poor will face another...
Economy
Norwegian Company to Explore Crete, Ionian Sea for Oil
Greek Minister of the Environment, Energy and Climate Change Evangelos Livieratos has told the Parliament's Production and Trade Committee that the Norwegian company Petroleum Geo-Services (PGS) has been selected to explore off Crete and in the Ionian Sea hoping...