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Grexit Inevitable If No Deal is Found says Bank of Greece

Grexit Inevitable If No Deal is Found says Bank of Greece

Τετ, 17 Ιουνίου 2015 - 17:31

“Failure to reach an agreement would lead initially to a Greek default and ultimately to the country’s exit from the euro area and – most likely – from the European Union,” the Bank of Greece said in a reportpublished Wednesday.

IAEA Approves Placement of Low-Enriched Uranium Bank in Kazakhstan

IAEA Approves Placement of Low-Enriched Uranium Bank in Kazakhstan

Τρι, 16 Ιουνίου 2015 - 16:13

The Governing Board of the International Atomic Energy Agency (IAEA) approved an agreement with Kazakhstan on establishment of the Bank of low-enriched uranium (LEU), the Foreign Ministry of Kazakhstan reported earlier in the week.

The Baku Move: Putin Erdogan Plot Turkish Stream Nuke Plans

The Baku Move: Putin Erdogan Plot Turkish Stream Nuke Plans

Τρι, 16 Ιουνίου 2015 - 16:03

Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan held talks behind closed doors during the weekend in Baku, discussing the construction of the Turkish Stream gas pipeline and the Akkuyu nuclear power plant, Putin’s press secretary Dmitry Peskov has said.

Croatias Dalekovod Signs 10 Mln Euro Deal in Ukraine

Croatia's Dalekovod Signs 10 Mln Euro Deal in Ukraine

Τρι, 16 Ιουνίου 2015 - 15:54

Croatian power transmission equipment maker Dalekovod, said on Monday it has signed a 10 million euro ($11.2 million) deal with Ukrainian national transmission network operator Ukrenergo.

Unified Cyprus EU’s Natural Gas Path

Unified Cyprus EU’s Natural Gas Path

Δευ, 15 Ιουνίου 2015 - 18:26

A possible agreement between Greek Cypriots and Turkish Cypriots, ending the 41-year-old conflict that divided the Mediterranean island, could also pave the way for natural gas exports to Europe, a Nicosia-based industry executive has said.

Brussels Says Romanias Hidroelectrica Power Deals Do Not Involve State Aid

Brussels Says Romania's Hidroelectrica Power Deals Do Not Involve State Aid

Δευ, 15 Ιουνίου 2015 - 17:51

The European Commission said on Friday ithas concluded that electricity supply contracts signed by the state-owned Romanian hydropower producerHidroelectrica with certain electricity traders and industrial customers did not involve state aid within the meaning of the EU rules.

Sanctions don’t Squeeze Russia΄s Nuclear Plans

Sanctions don’t Squeeze Russia΄s Nuclear Plans

Παρ, 12 Ιουνίου 2015 - 19:02

Western sanctions against Moscow over the Ukrainian conflict have not affected the operations of Russia’s state nuclear corporation, Rosatom executives told New Europe.

Serbias SEEPEX Power Exchange Targets Nov/Dec 2015 Launch

Serbia's SEEPEX Power Exchange Targets Nov/Dec 2015 Launch

Παρ, 12 Ιουνίου 2015 - 18:40

Serbia's day-ahead Southeast European Power Exchange, SEEPEX, is targeting a launch in November-December this year, the press office of European Power Exchange, Epex Spot, told SeeNews in an email on Thursday.

Bosnian Miner Plans to Open Final Bids for 350 MW TPP Project in July

Bosnian Miner Plans to Open Final Bids for 350 MW TPP Project in July

Παρ, 12 Ιουνίου 2015 - 18:36

Bosnian state-controlled brown coal mine operator RMU Banovici said on Thursday that over the next 60 days all qualified bidders will be filing their final technical and financial offers in a tender to finance and build a 350 MW thermal power plant (TPP) while their opening is expected around July 20.