English Edition

The Commission Sticks to the Mantra of the Current Program for Greece

Τετ, 18 Φεβρουαρίου 2015 - 20:05

The Commission president Jean-Claude Juncker has in the last days taken over the role of mediator between Greece and the other capitals, but Commissioners would not comment on that.

Orban Defies EU to Host Putin in Hungary

Τετ, 18 Φεβρουαρίου 2015 - 20:04

Viktor Orban rose to fame in a live television appearance in 1989 when he demanded that Soviet troops leave Hungary so it could escape a "dead-end street" and embrace its western future.

EU Mulls Energy Union Independence Efficiency

Τετ, 18 Φεβρουαρίου 2015 - 17:30

As the European Commission is expected to release its Energy Union communication on February25, European Commission Vice President Maros Sefcovic said the creation of a single market is closely related to a reduction in dependency on energy imports and to an increase in the security of energy supplies.

Elektro Ljubljana Awards 1.25 Mln Euro Power Cables Deal to Local Firm

Τετ, 18 Φεβρουαρίου 2015 - 16:02

Slovenia's Elektro Ljubljana has awarded acontract for the procurement of power distribution cables to local firm Telma Trade, worth 1.25 million euro ($1.4 million), a notice in the European Union’s procurement journal indicated on Tuesday.

Croatia's Dalekovod Sells Expanded Metal Factory

Τετ, 18 Φεβρουαρίου 2015 - 15:53

Croatian power transmission equipment maker Dalekovod, said on Tuesday it has finalised the sale of its Dalekovod TIM unit to Pula-based Signal Sistem.

Romania's Rompetrol Rafinare Net Loss Shrinks 39% in 2014

Τετ, 18 Φεβρουαρίου 2015 - 15:44

Romanian oilRompetrol Rafinare, saidits consolidated net loss shrank 39%to$58.4 million (51.1 million euro) in 2014,while turnover grew 15%.

Cyprus - Egypt Pipeline Talk Shuts Out Israel

Τρι, 17 Φεβρουαρίου 2015 - 19:43

On the backdrop of Houston-based Noble’s problems in Israel, Cyprus and Egypt have upped their energy ties with a deal to sort out the technical details of laying an undersea pipeline that would carry offshore natural gas to Egyptian processing facilities.

Tsipras Accuses Dijsselbloem of Switching Texts

Τρι, 17 Φεβρουαρίου 2015 - 19:16

The Greek government will not step back from it's programme, said Greek prime minister Alexis Tsipras, directly accusing Eurogroup president, Jeroen Dijsselbloem of switching the text that has been agreed upon during yesterdays Eurogroup meeting in Brussels.

EU Finance Ministers: Little Understanding for Greece’s Semantic Dilemma

Τρι, 17 Φεβρουαρίου 2015 - 19:16

The new Greek government is finding little understanding after Monday’s arm wrestling with its creditors.

Women Poor Hit Hardest by Climate Change

Τρι, 17 Φεβρουαρίου 2015 - 19:16

As the world prepares for the United Nations Climate Change Conference, COP21 in Paris at the end of the year, where it is hoped that a legally binding agreement on Climate Change may be reached, it is important to remember that, while all of us will be affected by future change, some of the world’s poorest and marginalised communities are often already affected.

Varo Energy Plans Upgrades for Swiss Refinery

Τρι, 17 Φεβρουαρίου 2015 - 19:16

Varo Energy BV, a midstream company owned byThe Carlyle Group and Vitol Group, plans to invest more than 50 million Swiss francs ($56 million) this year into maintenance and modernization projects at its 68,000 b/d Cressier refinery near Neuchatel, Switzerland.

Romanian Power Utility Electrica's Net Profit Jumps Seven-Fold in 2014

Τρι, 17 Φεβρουαρίου 2015 - 19:10

Romanian power supplier and distributor Electrica, said on Monday itsnet profit surged612% to a preliminary 280.5million lei ($72.1 million/63.2 million euro) in 2014, mainly on the back of a strong risein financial income.

Shell Energy Europe Gets Licence for Electricity Trade in Bulgaria

Τρι, 17 Φεβρουαρίου 2015 - 19:05

The Bulgarian energy regulator said on Monday it granted London-based Shell Energy Europe a 10-year permit to operate as an electricity trader in the country.