Greek Recession, Unemployment and Expensive Electricity Bills Will Cause DEI to Collapse

The Public Power Corporation S.A Hellas (DEI) could not escape the tragic reality that the majority of Greek enterprises and households face every day....

Oil and Gas Reserves in Greek Seas

According to Ethnos, four areas in Greece show 'great potential’ of having deposits of hydrocarbons (oil and gas). The first region starts at the northwest...

BBG: Greeks Forced to Steal Electricity to Survive

  In a detailed report, Bloomberg refers to the thousands of Greek households that reconnect their electricity supply illegally on their own, as they cannot...

Gazprom, Greece Talk Gas Sale

With international lenders pressing for Greece to speed the pace of privatizations, Prime Minister Antonis Samaras met with the head of Russia's Gazprom, Alexei...

Seven New Wind Farms in Imathia and Kozani

The environmental conditions for the construction and the operation of seven large wind farms and the additional technical works required, were approved today by...

Fire Causes Blackout in Santorini

Santorini and Thirasia have been facing a blackout since noon because of a fire which broke out at 12.00 at the Public Power Corporation’s...

Putin Says Greek Investments Risky

Days after Greek Prime Minister Antonis Samaras wrote him a letter asking for Russia to reduce prices paid for Russian gas, Russian President Vladimir...

Oil, Gas Report Coming End of Year

The Greek Ministry of the Environment, Energy and Climate Chance announced that it expects the seismological research and estimation by the Norwegian company PGS...

SOCAR Acquires Slice of Greek DESFA

Socar (the state oil company of Azerbaijan) has acquired a 66% share in the Greek natural gas transmission network operator (DESFA). This agreement is significant...

Negotiations Over Gazprom’s Gas Prices

A second round of critical negotiations, following the preliminary talks in Moscow earlier this summer started in Athens on August 28 concerning  the reduction...

Troika Rejected 15% Reduction on Oil Heating Tax

Greece’s creditors have reportedly rejected the government’s proposal concerning the reduction for special consumption tax on heating oil by 15%. According to ekathimerini, troika ...

Israel-US-Greece In Naval Exercise

Israeli, Greek and US warships are undertaking a joint two-week Mediterranean naval exercise codenamed Noble Dina, the Israeli military said. The event is part...

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