Επιλεγμένες Ειδήσεις από New Europe

Saudi Royals, Ministers Swept Up in Anti-Corruption Crackdown

Saudi Royals, Ministers Swept Up in Anti-Corruption Crackdown

Saudi Arabian royals, ministers and businessmen are being targeted in what has been described as the kingdom’s biggest anti-corruption purge in its modern history. Dozens of top Saudis have been detained by police in a crackdown that the attorney general described as “phase one”. The list includes billionaire investor Prince Alwaleed bin Talal.

EU Energy Union 101

EU Energy Union 101

The European Union is looking at the newly discovered reserves in the East Mediterranean as a way to boost energy security, sees a role for Ukraine as a transit country for Russian gas to Europe provided that Kiev implements the necessary reforms, wants to discuss issues concerning the Nord Stream-2 pipeline and lead the re-energized efforts to battle climate despite the decision of the US Administration to pull out of the Paris accord

Need for Greek Debt Relief to Be Assessed in Aug. 2018: Klaus Regling

Need for Greek Debt Relief to Be Assessed in Aug. 2018: Klaus Regling

The European Stability Mechanism Managing Director, Klaus Regling, said on Thursday that the time to decide on whether Greece needs additional debt-relief will be August 2018. After three bailouts since 2010, Athens has a 177% debt-to-GDP ratio. The International Monetary Fund is the only official Greek creditor that insists Greece needs immediate debt relief to recover.

France’s Total Leads Hydrocarbon Exploration Offshore Greece

France’s Total Leads Hydrocarbon Exploration Offshore Greece

Greece has signed a lease agreement with the joint venture Total-Edison-Hellenic Petroleum for the Block 2 at the Ionian Sea, offshore Greece. At a packed event at the library of the Niarxos Cultural Center (SNFCC) in Athens on October 31, Greece’s Environment and Energy Minister George Stathakis, Total’s Vice President of Caspian and Southern Europe Bernard Clement, Edison’s Vice-President of Exploration and Production Maurizio Coratella, and Hellenic Petroleum’s (ELPE) deputy CEO Andreas Siamisis signed the contract.

Rouhani Declined Meeting with Trump

Rouhani Declined Meeting with Trump

Iranian President Hassan Rouhani refused a request by U.S. President Donald Trump for a meeting on Sunday. According to the Fars News Agency, the request came from President Trump on the sidelines of the UN General Assembly meeting in New York in September. At the time, the White House chief of Staff, John Kelly, contacted the deputy foreign minister of Iran, Javad Zarif, to request a meeting.

Greece’s Energean Inks More Gas Supply Deals from Israeli Fields

Greece’s Energean Inks More Gas Supply Deals from Israeli Fields

Greece’s Energean Oil & Gas announced on October 30 that Energean Israel has signed three new Gas Sales and Purchase Agreements (GSPAs) with Dorad Energy Ltd, and with Ramat Negev Energy Ltd and Ashdod Energy Ltd, both subsidiaries of the Edeltech Group, for natural gas supply from the Karish and Tanin Fields, offshore Israel.

Like the Palestinians, the Kurds Deserve a State

Like the Palestinians, the Kurds Deserve a State

Nowadays, almost everyone agrees that the Palestinian people deserve a state, and that they should not live under Israeli rule. Most Israelis share this view, including even Prime Minister Binyamin Netanyahu, who has reluctantly stated his own commitment to a two-state solution.

ECB Restructures Quantitative Easing Programme

ECB Restructures Quantitative Easing Programme

The European Central Bank (ECB) is cutting in half its asset-buying programme but is extending it for nine months. The decision on Thursday signaled the restructuring of the programme rather than a bold step signaling an end to Quantitative Easing (QE).

EBRD Inks New Solar Power Deal in Egypt

EBRD Inks New Solar Power Deal in Egypt

In an effort to boost Egypt’s renewable capacity, the European Bank for Reconstruction and Development, the Green Climate Fund (GCF) and the Dutch Development Bank (FMO) will provide a $87 million syndicated loan to Infinity Solar Energy SAE, an Egyptian renewable energy developer, and to ib vogt GmbH, an international solar developer established in Germany, the EBRD said.

Mogherini Urged to Do More to Counter Russian Propaganda

Mogherini Urged to Do More to Counter Russian Propaganda

Eight European Union member states signed a joint letter asking High Representative of the Union for Foreign Affairs and Security Policy, Federica Mogherini, to beef up the fight against Russian propaganda, especially in the Western Balkans.

Luxembourg Closer to 2020 Climate, Energy Targets

Luxembourg Closer to 2020 Climate, Energy Targets

Luxembourg is making good progress towards its 2020 climate and energy targets, European Commission Vice-President for Energy Union Maroš Šefčovič has said. Šefčovič was expected to visit Luxembourg for the second Energy Union Tour on October 23. The Vice-President was due to meet Deputy Prime Minister and Minister of the Economy Etienne Schneider as well as the Minister for the Environment and Climate Carole Dieschbourg.

Greece’s Poor Promised ‘Social Dividend’

Greece’s Poor Promised ‘Social Dividend’

Greeks who have suffered during the seven-year debt crisis will have something to look forward to. The government is planning handouts worth €1bn. The leftist-led government is calling it a “social dividend”.

Trump, Tsipras and Washington’s Wordsmiths: What is a ‘Responsible Debt Relief Plan’ for Greece?

Trump, Tsipras and Washington’s Wordsmiths: What is a ‘Responsible Debt Relief Plan’ for Greece?

Although much furor has arisen in Greece over the alleged high costs of the planned upgrade of part of the Greek F-16 fighter fleet ($1.1 billion) announced when Greek PM Tsipras met President Trump at the White House October 17th, much of this was offset by Trump’s brief but completely clear recognition of the need for some form of debt relief for Greece, currently hovering at close to $385 billion.

‘Nuclear War May Break Out at Any Moment’

‘Nuclear War May Break Out at Any Moment’

North Korean Deputy Ambassador Kim In Ryong told the United Nations General Assembly’s disarmament committee on October 16 that the situation in the Korean Peninsula “has reached a touch-and-go-point and nuclear war may break out at any moment”.

Trump, Tsipras see Greek Role in EU Energy Security

Trump, Tsipras see Greek Role in EU Energy Security

US President Donald Trump hailed Greece’s contribution to EU energy security, following a meeting with Greek Prime Minister Alexis Tsipras at the White House on October 17. Trump was referring to projects that enhance the transportation of gas, essentially lessening the European Union’s reliance on Russia and open up the possibility of Greece becoming a customer for future US exports of liquefied natural gas.

Iraqi Troops Advance on Kurdish-Controlled Oil Fields in Kirkuk

Iraqi Troops Advance on Kurdish-Controlled Oil Fields in Kirkuk

Oil fields and a military base held by Kurdish forces near the city of Kirkuk have been captured by Iraqi forces. On October 16, Iraqi security forces and allied Shiite militia clashed with Kurdish peshmerga forces around Kirkuk, an oil-rich area at the heart of disputes between the two sides.