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Montenegros CGES Gets Permit to Upgrade Budva-Markovici Transformer Station

Montenegro's CGES Gets Permit to Upgrade Budva-Markovici Transformer Station

Τρι, 10 Φεβρουαρίου 2015 - 15:59

Montenegrin majority state-owned power transmission system operator Crnogorski Elektroprenosni Sistem (CGES), has received a construction permit for the upgrade of a 110/35 kV transformer station in the Adriatic municipality of Budva, data from the ministry of sustainable development and tourism indicated on Monday.

Romania Day - Ahead Power Sales Volume Up 25.2% Y/Y in January

Romania Day - Ahead Power Sales Volume Up 25.2% Y/Y in January

Τρι, 10 Φεβρουαρίου 2015 - 15:38

The volume of electricity sold on Romania's day-ahead market grew by 25.2% on the year to 2.22million MWhin January, while prices rose by an annual 11.3% in euro, the country's power market operator, OPCOM, said on Monday.

If Greece is Left to go Bankrupt

If Greece is Left to go Bankrupt

Δευ, 9 Φεβρουαρίου 2015 - 17:47

By April or May or even before, that makes no difference, Greece will run out of cash and the government will have no money to pay salaries and pensions. Unless ECB makes the payments to Greece as scheduled. This means that the “bras de fer” between the Greek government and the Eurogroup, in one way or an other, will come to an end.

After Syriza: When Fringe Becomes Mainstream

After Syriza: When Fringe Becomes Mainstream

Δευ, 9 Φεβρουαρίου 2015 - 17:47

The political tsunami unleashed bySyrizainGreecemade many dreamers in Europe among “fringe”, some even downright extremist, partieshoping to emulate that success.

Podemos Top Spanish Poll

Podemos Top Spanish Poll

Δευ, 9 Φεβρουαρίου 2015 - 17:47

Podemos, Spain's anti-austerity left party, is leading the pollswith 27.7%. The centre-rightPopular Party are second on 20.9%, the centre-left PSOE are on 18.3% with the liberal Ciudadanoson 12.2%.

UK Prepares for Grexit

UK Prepares for Grexit

Δευ, 9 Φεβρουαρίου 2015 - 17:37

David Cameron, the British Premier has led a meeting to prepare for a possible Greek exit from the Eurozone.

Yanis Varoufakis - The Occasional Marxist

Yanis Varoufakis - The Occasional Marxist

Δευ, 9 Φεβρουαρίου 2015 - 17:26

He was controversial in Greece even before being chosen by the leftist premier Alexis Tsipras to rescue the country’s finances. For some, Yanis Varoufakis is a brilliant, unconventional economist; for others, he’s just a compulsive liar: “Baroufakis”, as some call him, a rather much too easy pun on “baroufa”, a slang word for nonsense.

Croatian Refiner INA Fails to Overturn Back Taxes Claim

Croatian Refiner INA Fails to Overturn Back Taxes Claim

Δευ, 9 Φεβρουαρίου 2015 - 16:53

Croatian oil and gas company INA, said on Friday it has failed to overturn a claim filed by the country's Tax Administration for the payment of 328 million kuna ($48.7 million/42.5 million euro) in back taxes for 2010 and 2011.

Slovenias Krsko NPP Awards Engineering Works Deal to Westinghouse

Slovenia's Krsko NPP Awards Engineering Works Deal to Westinghouse

Παρ, 6 Φεβρουαρίου 2015 - 18:34

Slovenia's sole nuclear power plant (NPP) Krsko has awarded acontract for engineering services related to a security upgrade project, worth 5.98 million euro ($6.8 million), to Westinghouse Electric Belgium, a notice in the European Union’s procurement journal indicated on Thursday.

Serbias TENT TPP Reconnects to Grid Upgraded A3 Unit

Serbia's TENT TPP Reconnects to Grid Upgraded A3 Unit

Παρ, 6 Φεβρουαρίου 2015 - 18:30

Serbia's biggest power generating complex, TENT, said on Thursday it has successfully completed the trial synchronization with the grid of its A3 unit after upgrading its capacity to 328.4 MW from 305 MW.