Greece | Tags | Econostrum | Economic News in the Mediterranean

Tensions between Turkey and Greece lead to a breakdown in dialogue

05/25/2022 | Society / Institutions

TURKEY / GREECE. Turkish President Recep Tayyip Erdogan has decided not to speak to Greek Prime Minister Kyriakos Mitsotakis after he asked the Americans not to deliver F-16s to Turkey.

Aegean Sea, Alexandroupolis, Ankara, Athens, Chios, European Union, F-16, Greece, Kyriakos Mitsotakis, migrants, NATO, North Atlantic Organisation, Recep Tayyip Erdogan, Samos, Tanju Bilgich, Turkey, Ukraine, United States

Southern regions of the EU have the highest unemployment rates

05/03/2022 | Society / Institutions

EU. The Top 10 regions in the European Union most affected by unemployment include only Italian, Spanish and Greek regions.

Greece pays all its debt to the IMF in advance

05/03/2022 | Society / Institutions

GREECE. Two years ahead of schedule, Greece is repaying the final €1.85bn of its debt to the International Monetary Fund.

Voltalia continues its growth in Morocco, Greece and Portugal

04/26/2022 | Environment

MOROCCO/GREECE/PORTUGAL. Specialising in wind, solar, hydraulic, biomass and electricity storage, the group has just won a call for tenders in Morocco.

Albania, Aïn Beni Mathar, biomass, Creadev, Egypt, France, Greece, Guercif, hydro, Italy, Jordan, Morocco, Mulliez, Portugal, solar, Spain, Voltalia, wind

The Eastern Mediterranean becomes a new gas province

04/05/2022 | Society / Institutions

MEDITERRANEAN. The problem of gas resources in the Mediterranean, but also of their sharing, was invited to the 11th Cybèle meeting in Marseilles whereas the decision of the European Union not to be supplied with Russian gas imposes to find other solutions.

Albania, Algeria, Ankara, Azerbaijan, Croatia, Cyprus, EastMed, EEZ, Egypt, Eni, EU, Euromed-IHEDN, European Union, France, Francis Perrin, gas, gas industry, gas pipelines, Gaza, Greece, GZ4, hydrocarbons, Institut des relations internationales et stratégiques, Iris, Israel, Italy, Lebanon, Libya, Marseille, Medgaz, Mediterranean, Middle East, Morocco, Nicosia, Oruç Reis, Paris, PCNS, Policy center for the new south, Rabat, Rencontre internationale de Cybèle, RTCN, Russia, Russian gas, Serbia, Slovenia, Sonatrach, Spain, Syria, TAP, TotalEnergy, Toufik Hakkar, Trans-Adriatic Pipeline, Transmed, Turkey, Turkish Republic of Northern Cyprus, Ukraine, UN, UNCLOS, United Nations Convention on the Law of the Sea, Yves Lacoste, Élie Jarmache

Jean-Emmanuel Roux de Luze: "Turkey is playing the NATO card in the Ukrainian conflict"

04/05/2022 | Society / Institutions

MEDITERRANEAN. On the occasion of an intervention during the 11th International Meeting of Cybèle, organized in Marseilles on March 31 and April 1, 2022 by the association Euromed-IHEDN, the rear-admiral Jean-Emmanuel Roux de Luze, deputy to the Commander of the Mediterranean maritime zone (CECMED), specifies the consequences of the war in Ukraine for the French Navy.

CECMED, Greece, Jean-Emmanuel Roux de Luze, Latakia, Mediterranean, NATO, Navy, Russia, Syria, Tartus, Turkey, Ukraine, United States, Vladimir Putin

The end of Russian gas in Europe reshuffles the cards in the Mediterranean

04/05/2022 | Industry

MEDITERRANEAN. In addition to the general price increase that will impact everyone, the halt in Russian gas exports to Europe will penalise Italy, Greece, Serbia and Slovenia. It could also be a great opportunity for Algeria and Egypt.

Algeria Egypt, Europe, floating LNG terminal, France, gas, Greece, Italy, liquefied natural gas, LNG, Mediterranean, pipeline, Russian gas, Russian gas exports, Serbia, Slovenia, Southern Europe

Inflation in the Mediterranean: a second outbreak of fever

03/31/2022 | Society / Institutions

MEDITERRANEAN. Inflation is spreading throughout the Mediterranean due to a poorly controlled economic recovery. The war in Ukraine is currently generating a second acceleration which should increase sharply by the summer.

Algeria, cereals, economic recovery, Egypt, food riots, France, Greece, Inflation, Lebanon, Mediterranean countries, Morocco, Ramadan, shortages, Spain, Turkey, Ukraine

Greece to pay off €1.85bn IMF debt by end of April 2022

03/31/2022 | Society / Institutions

GREECE. Athens is expected to bring forward the full repayment of its debt to the International Monetary Fund as the Prime Minister announces that Greece's investment grade rating will be restored.

Athens, Christos Staikouras, ESM, European Financial Stability Facility, European Stability Mechanism, eurozone, Fitch, Greece, Greek debt, Kyriakos Mitsotakis, Pierre Moscovici, S&P, Standard & Poor's

Olympia Odos wins the extension of the Athens-Korinthos-Patras motorway

03/22/2022 | Society / Institutions

GREECE / FRANCE. Olympia Odos, a 29.9% subsidiary of the French company Vinci Concessions, has won the tender for the extension to Pyrgos of the Athens-Patras motorway, for which it already holds the concession.

A8, Aktor Concessions, Athens, Avax S.A., France, Gek Terna, Greece, Hochtief PPP Solutions GmbH, infrastructure, motorway, Nicolas Notebaert, Olympia, Olympia Odos, Patras, Peloponnese, Pyrgos, transport, Vinci, Vinci Concessions

European Commission suspicious of state support for Greek Post Office

03/10/2022 | Services

GREECE. The European Commission is opening an in-depth investigation into various support measures granted by the Greek State to the postal operator Hellenic Post (ELTA).

ELTA, European Commission, Greece, Hellenic Post, in-depth investigation, Poste, State aid

Libyan parliament splits over presidential election

03/09/2022 | Society / Institutions

LIBYA. As the country finds itself with two heads of government, an opponent in the House of Representatives calls for the departure of the president who is in charge of this second appointment, with the aim of organising a presidential election as soon as possible.

Entrepreneurship in the Euro-Mediterranean region continues to have a male face

03/08/2022 | Society / Institutions

MEDITERRANEAN. The first report of the Intergovernmental Monitoring Mechanism for Gender Equality in the Euro-Mediterranean Region published by the Union for the Mediterranean (UfM) provides a forty-six page overview of the position of women in society.

Green City Organisation wants to free the Mediterranean of its waste

02/15/2022 | Environment

FRANCE. Green City Organisation wants to deploy throughout the Mediterranean basin its D-Rain system for capturing waste from rainwater networks to retain it before it pollutes the sea.

The Port of Thessaloniki joins the MedPorts association

02/10/2022 | Transport

MEDITERRANEAN. On the occasion of a conference on the challenges facing Mediterranean ports at the Mediterranean Worlds Forum, representatives of MedPorts announced that the Port of Thessaloniki would be joining their association.

Mediterranean countries open up to tourism again

02/08/2022 | Society / Institutions

MOROCCO/PORTUGAL. A few days after Italy and Greece, it is the turn of Portugal and Morocco to ease restrictions for travellers wishing to cross their borders.

Greece, health certificate, Italy, Morocco, Portugal, restrictions, test, Tourism, vaccination

Greece fined €5.5m for undue aid to mining company Larco

01/20/2022 | Industry

GREECE. The Court of Justice of the European Union orders the Greek State to pay a lump sum fine of €5.5m and a half-yearly penalty payment of €4.36m for failing to recover illegal aid paid to Larco.

Athens, CJEU, Court of Justice of the European Union, European Commission, ferronickel, Greece, industry, justice, Larco, Larco General Mining & Metallurgical Company, laterite, lignite, Luxembourg, mine, mining company, nickel, ΛΑΡΚΟ

Italy's Eni takes over photovoltaic specialist Solar-Konzept Greece

01/13/2022 | Society / Institutions

GREECE / ITALY. The Italian number one in hydrocarbons ENI announces the acquisition of the Greek company Solar-Konzept Greece (SKGR), specialized in photovoltaic installations.

Aquila Capital, ENI, Eni gaz e luce, Germany, Greece, Italy, Netherlands, photovoltaic, Plenitude, renewable energy, SKGR, Solar-Konzept Greece

Southern European passports among the most "powerful" in the world

01/13/2022 | Society / Institutions

MEDITERRANEAN. As it has done every year for the past 17 years, the British consultancy Henley & Partners has drawn up a hierarchy of the most powerful passports in the world, those that allow their holders to access the greatest number of destinations without having to apply for a visa...

European Commission approves regional aid to Greek companies

01/06/2022 | Society / Institutions

GREECE. In order to fight against disparities on its territory, the Greek government has set up a mapping of regional aid to enterprises for the period 2022-2027 and has just received the green light from the European Commission to start it.

EU, European Commission regional state aid, European Union, Greece, Margrethe Vestager, regions, state aid