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Bulgaria's BEH Units May be in Breach of Anti - Trust Rules

Τρι, 24 Μαρτίου 2015 - 17:49

The European Commission said on Monday it has sent a statement of objections to state-operated Bulgarian Energy Holding (BEH) and two of its units, informing them that they may have breached EU antitrust rules.

Albania's 2014 Power Output Falls 32%

Τρι, 24 Μαρτίου 2015 - 17:44

Albania's domestic production of electricity fell by 32% to 4,726 gigawatthours (GWh) in 2014, the statistics office, INSTAT, said on Monday.

Draghi: Restore Dialogue Between Greece and Creditors

Δευ, 23 Μαρτίου 2015 - 19:14

European Central Bank head MarioDraghisays the bank is ready to restore support for Greece's banks if talks between the Greek government and its creditors get back on track.

Merkel - Tsipras Try to Tone Down Differences in Berlin

Δευ, 23 Μαρτίου 2015 - 18:28

With information coming from“technical teams” that Greece might run out of liquidity by 8 April, Greek prime minister, Alexis Tsipras, arrived today in Berlin where he will meet German Chancellor Angela Merkel this afternoon.

Russia Ukraine and EU to Hold Gas Talks in April

Δευ, 23 Μαρτίου 2015 - 18:22

Russia,Ukraineand the European Commission will hold a new round of gas supply talks next month in pursuit of a deal that could help to defuse wider tensions between Moscow and Kiev.

Sefcovic Pledges EU Funding for Bulgaria - Greece Gas Link

Δευ, 23 Μαρτίου 2015 - 17:48

Bulgarian prime minister Boyko Borisov said on Friday that European Commission vice president Maros Sefcovic had assured him a planned gas link between Bulgaria and Greece would be financed with EU funds.

Romanian Natgas Producer Romgaz Plans Higher Dividend for 2014

Δευ, 23 Μαρτίου 2015 - 17:45

Romanian natural gas producer Romgaz[BSE:SNG] said on Friday it plans to pay a gross dividend of 3.15 lei ($0.76/0.71 euro) per share for 2014, corresponding to a pay-out of 85%.

E.ON Romania Distributie to Invest 197 Mln Lei (44.5 Mln Euro) in Power Grid in 2015

Δευ, 23 Μαρτίου 2015 - 17:43

The Romanian arm of German utility E.ON said on Friday it plans to invest 197 million lei ($47.6 million/44.5 million euro) this year in its power distributionnetwork in Romania's northeastern region, Moldova, about 10%lower on the year.

As EU Summit Ends Tusk Apologetic on Greece

Παρ, 20 Μαρτίου 2015 - 19:12

An obviously apologetic and tired Council president Donald Tusk closed the spring EU summit by diminishing the importance of the parallel meeting that he organised during the night between the Greek prime minister Alexis Tsipras and the leaders of Germany and France, in the presence of the of the ECB president Mario Draghi.

Belgian Anger at the Summit

Παρ, 20 Μαρτίου 2015 - 19:08

Belgian prime minister Louis Michel squarelycriticisedDonaldTusk, the Council president, for his decisiontoorganisea mini-summit between Greece and the big EU members Germany and France on the sides of the spring summit in Brussels, excluding smaller members of the currency bloc.

Croatia's Dalekovod Signs Seal in Kosovo Eyes Polish Job

Παρ, 20 Μαρτίου 2015 - 19:08

Croatian power transmission equipment maker Dalekovod said on Thursday it has signed a deal with the Transmission System and Market Operator Company in Kosovo, KOSTT, worth over 8.5 million euro ($9.1 million).

Bosnia's Amitea II Applies for Permits to Build Two SHPP

Παρ, 20 Μαρτίου 2015 - 18:57

Bosnian company Amitea II has applied for permits to build two small hydro power plants (SHPP) in the Muslim-Croat Federation, the entity's energy ministry said on Thursday.

Fitch Downgrades Bulgarian Energy Holding to ' BB Places on RWN

Παρ, 20 Μαρτίου 2015 - 18:54

Fitch Ratings said it has downgraded Bulgarian Energy Holding's (BEH) long-term foreign and local currency issuer default ratings (IDR) and its foreign currency senior unsecured rating to 'BB' from 'BB+', and placed the ratings on rating watch negative (RWN).