Exxon Mobil-Qatar Petroleum are talking with the Cypriot government about a 40% of the R&D rights of Block 10 inside the country’s EEZ. The colossal state energy company Qatar Petroleum (QP) is expanding especially on the LNG sector in Maroko and Cyprus.
Greek Minister of Foreign Affairs Nikos Kotzias referred to the chance of a meeting between the Foreign Ministers of the guarantor powers in Cyprus, the President of the Republic of Cyprus and the representative of the Turkish Cypriot community, speaking to the press in Brussels, where he took part at the External Affairs Council of the EU 28.
An inter-ministerial meeting at the Shipping and Island Policy ministry last week decided to set up a committee for the coordination of air and sea transport in efforts to ensure that remote islands remain connected with the mainland particularly in winter with the introduction of combined transport.
As summer draws near all the more airlines are introducing new flights, adding more seats or boosting the frequency of their existing routes to destinations in Greece aiming to secure a piece of the growing market with local sector professionals expecting another record year at 41 of the country’s airports.
IMF BoD approved the report on the Greek economy and the Greek debt sustainability, which retains the gap between the fund and the European creditors to Greece.
A sustainable Greek debt and completion of the second review of the Greek programme are necessary prerequisites for Greece's inclusion in the quantitative easing, European Central Bank (ECB) President Mario Draghi said on Monday.
Foreign investors lowered their exposure in the capitalisation of the Greek stock market in January, with their share falling to 60 pct from 61.4 pct in December.
Farmers throughout Greece will decide on the future of their protests against the new taxation and social security contributions during a meeting in Nikea, near Larisa, on Tuesday noon.
A total of 13 earthquakes above 3-Richter magnitude have jolted the eastern Aegean island of Lesvos since the 5.2-Richter tremor early on Monday.
Greece urgently needs to reform and modernise its tax system, making it fairer, simpler and more friendly to businesses and entrepreneurs, main opposition New Democracy MP and shadow minister for growth Dora Bakoyannis said in an exclusive interview with Athens-Macedonian News Agency (ANA) journalist Dimitris Harontakis.
IMF’s Executive Board meeting today to discuss Article IV report on Greece as well as the updated Debt Sustainability Analysis; reportedly, these reports should set out the conditions under which the IMF could participate in the current Greek programme but no final decision on the IMF’s participation/role in the Greek programme should be expected today.
The prime minister's stopover in Paris on the way back from Lisbon was not a "holiday" but mainly focused on finding solutions for Greece's debt and efforts to attract foreign investment, government sources said, in reply to main opposition New Democracy's criticism.
A First Instance Court will decide on Tuesday (Feb. 7) whether to temporarily freeze the sale of any assets of the bankrupt DOL media group and whether it will exempt one bank account to allow for the payment of the group’s employees. DOL’s 500 employees have not been paid in seven months.
An event entitled "Ioannina: In The Court of Ali Pasha- Childe Harold Reconsidered" was held before a packed house on January 19 at the 3 West Club in New Yorkby the EMBCA (East Mediterranean Business Culture Alliance).