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DESFA agreement with Bulgartransgaz to be signed on June 24

Natural gas network operator DESFA will sign an interconnection agreement with Bulgaria’s state owned equivalent Bulgartransgaz on June 24, at the Kulata/Sidirokastro grid interconnection, near the Greek-Bulgarian border, the CEO of DESFA Konstantinos Xifaras said on Thursday as he addressed an Economist conference in Athens.

  • Published in Greece

Central bank slashes ELA ceiling for Greek banks

The Bank of Greece on Thursday announced a drastic reduction in the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 7.0 billion euros over the next two weeks, saying that this was in part due to returning deposits rather than the ECB's decision to reinstate a waiver for Greek bonds.

  • Published in Greece

ND leader: Europe needs a new agreement of truth

Europe needs a new agreement of truth, main opposition New Democracy (ND) leader Kyriakos Mitsotakis said in a statement on the outcome of the British referendum results, adding that the Britons' decision is very strong message for all of Europe.

  • Published in Greece
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