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Greece Grants $452 Million in Energy Financial Relief

Greece extended the financial relief offered to businesses and households due to the rising energy costs on Friday. PM Kyriakos Mitsotakis announced that the government will allocate another 400 million euros ($452 million), covering a significant part of the increases...

Electricity Prices Skyrocket in Greece, Europe as Winter Sets In

Greece and the rest of Europe are facing an energy crisis with electricity prices skyrocketing to new records on Wednesday as winter sets in. According to the European platform EEX, wholesale prices of electricity at over 400 euros ($450) per...

Greece, Egypt, Cyprus Warn Turkey Against Unilateral Actions

Greece, Egypt and Cyprus have warned Turkey to stop taking unilateral actions in the eastern Mediterranean during a summit of their leaders in Athens on Tuesday. Greek PM Kyriakos Mitsotakis, Egyptian President Abdel Fattah al-Sisi and Cypriot President Nicos Anastasiades...

Greece and Egypt to Sign Electricity Link-Up

Greece and Egypt will ink a preliminary deal to build a large electrical cable connecting the two countries on Thursday. It is the first such agreement to be signed between Europe and Africa in the southeastern Mediterranean. The deal will...

Greece Offers Power Subsidy to Households as Energy Price Soars

Greece announced on Friday a series of measures that would offer households subsidies to cope with soaring energy prices. “In this unprecedented energy crisis, we will not leave anyone unprotected,” said Environment and Energy Minister Costas Skrekas at a joint...

Greece Records Highest Temperature in Its History in Unprecedented Heatwave

The heatwave that has been gripping Greece since last week broke the country's highest-ever temperature on Monday afternoon.

Crete Connects to Electrical Grid of Mainland Greece

Greece announced on Thursday the completion of the construction of an electricity interconnection between Crete and the Peloponnese

Greece’s Government Under Fire Over Snowstorm Blackout

Opposition parties in Greece launched an all-out attack against the government over its handling of the chaos following the snowstorm that hit the country.

Major Power Disruption in Southeast Europe, Greece Not Affected

A major disruption in the electric power transmission system of Southeastern Europe occurred on Friday afternoon, Greece's Independent Power Transmission Operator (ADMIE) announced late on Friday night. This outage had, as a result, the separation of the system of Southeastern...

Crete Connects to Mainland Greece’s Electricity Supply

Greece announced on Wednesday the completion of the construction of an electricity interconnection between Crete and the Peloponnese which will provide the island with a cheaper and more secure energy supply. The mammoth project included laying two new submarine cables...