Greek Sun Offers Cheap, Clean Power

GreekSun is a is non-political, non-profit offering free-of charge installation of photovoltaic panels on the roofs of houses and small-sized enterprises. Company officials said...

OPAP Stake Sale Drives Up Value

The value of Greece's gambling agency, OPAP, has shot up fast in the wake of accelerated privatization plans that foresee the sale of the...

Troika Bailout Will Cost Cyprus Its Gas

Economic and social chaos has hit Cyprus big time. Owing to the mishandling of the economy, corruption and incompetence, the entire nation is now...

Some Greek Companies Duck The Haratsi

While working Greeks are lining up to pay a doubled property tax being put into their electric bills, critics are arguing that some businesses...

Arsenis Says Greece Energy Reserves Overstated

Kriton Arsenis, a Member of the European Parliament of the PASOK Socialists, accused Greek politicians and journalists of misrepresenting Greece's energy reserves possibilities and...

Greece, Cyprus Underwater Line for Israel’s Electricity

Greece and Cyprus have agreed to an Israeli request to lay a power cable to Europe via the two Mediterranean nations. According to the Jerusalem...

Greece Electricity Rates to Soar Up to 40%

The demand by Greece's creditors for electricity rates to reflect the full cost of production will bring about fresh rate hikes by June 2013,...

Greeks Move Around Balkans to Stay Warm

More and more Greeks are moving to neighboring Balkan countries to take advantage of cheaper heating oil with big tax hikes in Greece further...

IMF Blasts Greek Fuel Market Monopoly

As international lenders press Greece to break up near-monopolies in professions from druggists to lawyers, a lack of competition in the country’s fuel market...

Turkish Research Vessel Sails in Greek Waters

Turkey said one of its vessels will conduct oceanographic research within the Greek continental shelf of Kastelorizo, southeastern Mediterranean. According to an Ethnos daily...

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...

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