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Can Greece learn to love renewable energy? By:
EconomyFeaturesGreece is one of the most fossil-fuel dependent countries in the European Union, and has struggled to shake off this label at a time when the production of energy from renewable sources is one of the fastest growing sectors in the world.
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PoliticsForeign Policy
Energy cooperation provides platform for Greece and Bulgaria to strengthen ties Greece and Bulgaria should seek ways to enhance their cooperation and model their relationship on the one between Germany and France, Bulgaria's Prime Minister Boiko Borisov is said to have told his Greek counterpart Alexis Tsipras when the pair met in Sofia earlier this week.
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Economy
First phase of process to find strategic investor for ADMIE completed The Public Power Corporation (PPC) announced on Tuesday evening the completion of the first phase for the sale of a 24-percent stake in the Independent Power Transmission Operator (ADMIE).
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EconomyMacroeconomy
Industrial turnover drops 12.7 pct in March, energy plummets 27 pct Greece’s Turnover Index in Industry fell at a slightly slower pace of 12.7 percent in March from a revised 14.9 percent in February, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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EconomyMacroeconomy
Industrial turnover dives 15.1 pct in Feb on sharp drop in energy turnover Greece’s Turnover Index in Industry sank by 15.1 percent in February, from an upward revised 13.8 percent drop in January, Hellenic Statistical Authority (ELSTAT) figures displayed on Tuesday.
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EconomyProgramme
Greece and lenders seen inching towards deal on ADMIE The Greek government and the institutions have reportedly reached an initial agreement on the privatisation of the electricity transmission company (ADMIE), which is one of the 13 milestones Greece has to implement to receive the next sub-tranche of 1 billion.
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PoliticsForeign Policy
Energy drives closer cooperation between Greece, Cyprus and Egypt Greece, Cyprus and Egypt have agreed to accelerate talks on the outstanding issues related to the delineation of the three countries' Exclusive Economic Zones (EEZ).
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PoliticsForeign Policy
Kerry positive during Athens visit, shows keen interest in Cyprus and energy Strong support for Greece over its struggle to handle the refugee situation and the economic reform programme were the main public messages to emerge from the visit to Athens by US Secretary of State John Kerry last Friday.
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EconomyProgramme
Privatisation of power transmission firm ADMIE a key challenge among prior actions The privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion.
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PoliticsForeign Policy
Greece changing direction on energy policy, warms to US-backed projects Following a meeting with his Bulgarian counterpart Daniel Mitov in Athens on Wednesday, Foreign Minister Nikos Kotzias commented that “the world is changing and energy sources are changing,” which appears to be confirmation of the Greek government’s switch in energy policy.