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Brussels Emergency Talks on Russian Gas for Ukraine

Brussels Emergency Talks on Russian Gas for Ukraine

Δευ, 2 Μαρτίου 2015 - 18:08

Russia and Ukraine's energy ministers are holding emergency talks inBrusselsas Russian gas giant Gazprom threatens to cut off deliveries to Ukraine for lack of payment.

EFSF Gives Greece 4 Month MFFA Extension

EFSF Gives Greece 4 Month MFFA Extension

Παρ, 27 Φεβρουαρίου 2015 - 18:32

The Board of Directors of the European Financial Stability Facility (EFSF) today decided to amend the Master Financial Assistance Facility Agreement (MFFA) for Greece to extend the availability of EFSF funds for Greece by four months. Instead of expiring on 28 February 2015, the MFFA now expires on 30 June 2015. The amended MFFA will be signed by EFSF CEO Klaus Regling and the Greek Finance Minister Yanis Varoufakis.

542 Yes - 32 No Bundestag Passes Greek Extension

542 Yes - 32 No Bundestag Passes Greek Extension

Παρ, 27 Φεβρουαρίου 2015 - 18:24

The Bundestag voted overwhelmingly in favour of the four-month extension of the Greek bailout. Of 587 votes cast,542 "yes", 32 "no" and 13 abstentions.

Hellenic Petroleum: Fourth Quarter 2014 Financial Results

Hellenic Petroleum: Fourth Quarter 2014 Financial Results

Πεμ, 26 Φεβρουαρίου 2015 - 19:52

Record high production and exports, as well as the positive refining environment drive strong Group results. Significant negative impact on reported results from crude oil price decline HELLENIC PETROLEUM Group reported its strongest 4Q performance, leading to a FY Adjusted EBITDA of €417m (2013: €178m) and recording a positive Net Income.

Extension Agreement Stirs Controversy in Germany and Greece

Extension Agreement Stirs Controversy in Germany and Greece

Πεμ, 26 Φεβρουαρίου 2015 - 18:35

While the extension of the Greek bailout programme is stirring controversy, both in Athens and in Berlin, it is expected to be approved both by the German Bundestag and by the Greek Parliament.

Russian Military Could Protect Interests in Arctic

Russian Military Could Protect Interests in Arctic

Πεμ, 26 Φεβρουαρίου 2015 - 18:27

Russian Defence Minister Sergei Shoigu said his country may consider protecting its national interests in the resources-rich Arctic with military means if necessary.

Je t Aime Moi Non Plus: Commission Tough on Greece Soft on France

Je t' Aime Moi Non Plus: Commission Tough on Greece Soft on France

Πεμ, 26 Φεβρουαρίου 2015 - 15:34

The European Commission gaveFranceuntil 2017 to get its budget deficit below an EU-imposed limit, sparing Paris a fine and giving it a new two-year grace period after it missed a second deadline to puts its finances in order.

Germanys BMZ Invests 9.0 Mln Euro in GGF

Germany's BMZ Invests 9.0 Mln Euro in GGF

Πεμ, 26 Φεβρουαρίου 2015 - 15:34

The German Federal Ministry for Economic Cooperation and Development (BMZ) is investing 9.0 million euro ($10.2 million) in the Green for Growth Fund, Southeast Europe (GGF) to be used to finance energy efficiency and small-scale renewable energy projects for businesses and households within the Southeast Europe and the European Eastern Neighbourhood regions, GGF said on Wednesday.

Bosnia s TLG Plans 130 Mln Euro Vlasic Galica Wind Park Projects

Bosnia 's TLG Plans 130 Mln Euro Vlasic Galica Wind Park Projects

Πεμ, 26 Φεβρουαρίου 2015 - 15:31

Bosnian company TLG doo Travnik is developing two wind park projects,Vlasic and Galica, with combined installed capacity of 100 MW, worth a total of 130 million euro ($148 million), the company's director said on Wednesday.

EU΄s Garbled Energy Union Plan

EU΄s Garbled Energy Union Plan

Τετ, 25 Φεβρουαρίου 2015 - 15:34

For lack of a political union, EU wants an energy union, but how to stimulate solidarity and trust at EU level? How to convince membersstates to trust each other in front of future energy disturbances?