Calamos Supports Greece

Energy

Giant Sunspot Doubles Size in 24 Hours and Points Right at Earth

A huge sunspot that has doubled in size in just 24 hours now faces Earth, threatening to send a solar flare our way. The sunspot known as AR3038 has been growing in size recently, and footage from NASA's Solar Dynamics...

Greek State TV Shows How to Steal Gas From Cars, Prompting Criticism

Greek state TV ran a news segment on Wednesday showing viewers how to steal gas from cars, prompting criticism at a time when the nation's average fuel price is now over 2.4 euros ($2.53) per liter. During the morning broadcast...

Germany Restarts Coal Plants After Russia Severs Gas Supply

Germany will reopen its high-polluting coal power plants after Russia cut off its gas pipeline to Europe. The emergency decision announced Sunday came as Germany tries to avert a supply shortage and as the continent struggles to respond to reductions...

The University of Panama and Greenwood Energy Launch Environmental Educational Partnership

The University of Panama (UP), the largest university in the country, and Greenwood Energy (GWE), a renewable energy subsidiary of the Libra Group, recently announced the launch of the ɅLMɅ MɅTER public-private partnership for the development of a new...

High Gas Prices the Result of Fiscal Policy Says Calamos CEO Koudounis

As the US national average gas price hit $4.6 per gallon, Calamos President & CEO John Koudounis says that this is mainly due to the fiscal policy pursued by the Biden administration. In his May 30, 2022, conversation with Fox...

EU Agrees on Partial Ban of Russian Oil Imports

European Union leaders have agreed on a plan to block more than two-thirds of Russian oil imports after late-night talks at a summit in Brussels. The president of the European Council, Charles Michel, hailed the deal as a “remarkable achievement”,...

EU: Greece Plays Important Role in Independence from Russian Gas

Greece will play a significant role in developing independence from Russian fuel in Southeastern Europe, which currently relies heavily on fuel from the country, according to the European Commission. Infrastructure for transit and imports that is currently under construction in...

EU Issues Guidance on Russian Gas Payments in Rubles

The European Union has softened its stance on the purchase of Russian gas and oil, as it released a series of guidelines for European companies to purchase fuel from the country and avoid breaching sanctions on Monday. The bloc proposed...

Greek Shipper to Provide Germany with Liquified Gas Storage Facilities

A Greek shipping company has struck a deal this week with Germany to provide two floating liquified gas units as Berlin tries to reduce its reliance on Russian gas. George Prokopiou’s Dynagas Ltd signed the agreement for the storage and...

Greece’s Tilos Island Becomes Global Leader in Recycling

Greece's Tilos island is the island with the greatest recycling rate globally due to a program introduced in December 2021 by a private company. The program plans to turn Tilos into the first green island globally with zero household trash,...

Consumers in Greece to Receive 60 Percent Rebate On Electricity Bills

Consumers in Greece will be getting a rebate of 60 percent on the extra charges they paid for their electricity from December to May, as part of a packet of relief measures to tackle soaring energy prices, PM Kyriakos...

EU Plans to Ban Oil Imports from Russia by the End of 2022

The EU Commission announced plans on Wednesday to ban the import of oil from Russia by the end of 2022 and to sanction Russians who committed war crimes in Ukraine. "Putin must pay a high price for his brutal aggression,"...

Greece Set to Become Energy Hub Through New LNG Terminal

On Tuesday, Greece launched a liquified natural gas terminal which is being developed in Alexandroupolis, aimed at helping Europe and the Balkans become less reliant on Russian supplies. The LNG terminal is a “beacon sending a dual message: that with...

Russia Cuts Off Gas Supplies to Poland and Bulgaria

Russia's energy giant Gazprom completely severed gas supplies to both Bulgaria and Poland on Wednesday after its April payments were received in roubles. The announcement comes after Russian President Vladimir Putin demanded that countries deemed "unfriendly" to Russia must start...

Radiation at Chernobyl “Normal” on Anniversary of Nuclear Disaster

The head of the UN's atomic agency said on Tuesday radiation levels at the former Chernobyl nuclear power station, the scene of weeks of fighting after the Russian invasion, are "normal." International Atomic Energy Agency director-general Rafael Grossi told reporters...