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Romania’s Nuclearelectrica Νet Profit Drops 68% in 2014

Τρι, 17 Φεβρουαρίου 2015 - 19:00

Nuclearelectrica, the operator of Romania's sole nuclear power plant Cernavoda, said on Monday itsnet profit dropped 68%to a preliminary 137 million lei($35.2 million/30.9million euro) in 2014, mainly hurt by a newtax introduced at the beginning of the year.

Prokopis Pavlopoulos to Be New President in Greece

Τρι, 17 Φεβρουαρίου 2015 - 18:04

Prokopis Pavlopoulos, a former minister of the center right "Nea Dimokratia" partywill be proposed by the Greek government as the new President of the Greek Republic, as the Greek Prime Minister Alexis Tsipras announced.

France Hints To An Easing On Greece

Δευ, 16 Φεβρουαρίου 2015 - 19:39

French Finance Minister Michel Sapin hinted at a slight easing ofeuro zoneopposition to Greek requests for an end to austerity and a new debt deal, saying Europe must respect the political change in Athens. On arrival in Brussels, he urged the Greeks to extend their current deal to allow time for talks.

Austria Talks Tough on Greece but Deal Still Possible

Δευ, 16 Φεβρουαρίου 2015 - 19:34

Austrian Finance Minister Hans Joerg Schelling took a hard line withGreecebefore debt talks witheuro zonepeers on Monday, saying Athens could not simply expect to get six months more time to work out a new rescue plan.

Eurozone Meeting: Low Expectations for a Greek Deal

Δευ, 16 Φεβρουαρίου 2015 - 19:28

Eurozone finance ministers have gathered again in Brussels today to discuss the Greek situation, butexpectations for a quick deal are low despite a fast-approaching deadline.

Varoufakis on Red Lines - Moscovici on New Phase

Δευ, 16 Φεβρουαρίου 2015 - 19:22

Insisting that “no red lines will be crossed” because they are exactly that, red lines, Greek finance Minister Yanis Varoufakis went into the Eurogroup meeting that started today afternoon in Brussels.

Romanian Gas Pipeline Operator Transgaz Net Profit Jumps 52% in 2014

Δευ, 16 Φεβρουαρίου 2015 - 18:56

Romanian gas transmission company Transgaz said on Friday its net profit rose 52% on the year to a preliminary 507.4 million lei($130.8million/114.4million euro) in2014,as revenue grew and expenditures fell.

Slovenia's TPP Sostanj Ends 2014 With Loss

Δευ, 16 Φεβρουαρίου 2015 - 18:50

Slovenia’s Sostanj coal-fired power plant TES said it ended 2014 with loss despite net sales of 199 million euro ($226 million).

Croatia's Janaf Signs Oil Storage Deal With Glencore Energy

Δευ, 16 Φεβρουαρίου 2015 - 18:48

Croatian oil pipeline operator Jadranski Naftovod said on Friday it has signed a deal to provide oil storage capacity to UK-based Glencore Energy.

The Return of Politics

Παρ, 13 Φεβρουαρίου 2015 - 19:15

Less than two weeks after a new government was sworn in in Greece, the European Union seems set to make a leap forward.

New Agreement With Greece Prepared at Technical Level

Παρ, 13 Φεβρουαρίου 2015 - 19:10

Signaling the possibility of a breakthrough regarding Greece at Monday's Eurogroup meeting, JeroenDijsselbloomreversed his position about preparing a new "bridging" agreement with Greece and announced that a new agreement will be prepared over the weekend at the technical advisor level to be discussed on Monday by the Finance Ministers.

After IMF Loan Gazprom Wants Ukraine to Settle Debt

Παρ, 13 Φεβρουαρίου 2015 - 19:04

Russian gas monopoly Gazprom said on February 12 it was time Ukraine’s national oil and gas company settled its debt. Earlier in the day, the International Monetary Fund(IMF) agreed to throw a new$17.5 billion lifelinetoUkraine as a renewed cease-fire and an overall agreement to end the war inUkrainewas announced in Minsk.

Turkey Wants It Both Ways: Russian Gas EU Pipe

Παρ, 13 Φεβρουαρίου 2015 - 18:58

Turkish Energy Minister Taner Yildiz said in Baku on February 12 that Ankara plans to go ahead with the Southern Gas Corridor projects, including the Trans-Anatolian natural gas pipeline (TANAP).