Calamos Supports Greece

energy crisis

Spain Bans Air Conditioning from Dropping Below 27°C

Spain recently announced measures to reduce energy consumption by preventing offices, shops, and other venues from setting air conditioning below 27°C in the summer. The move follows EU countries' attempts to limit dependency on Russian gas. Although Spain is not...

Greece Pushes Germany on War Reparations and Submarine Sales to Turkey

Greece raised the issue of war reparations from Germany and the export of German-made submarines to Turkey during a meeting in Athens on Friday by Foreign Minister Nikos Dendias and his German counterpart, Annalena Baerbock. "For the Greek government and...

Greece to Use Lignite Again as Fuel Alternative Due to Energy Crisis

Greece is planning to ramp up the use of lignite as an alternative power source to natural gas, which has become extremely expensive in the wake of the war in Ukraine. Lignite, or brown coal, is formed from naturally compressed...

Greece Announces Economic Support During Energy Crisis

Greek Prime Minister Kyriakos Mitsotakis announced an economic aid package for Greeks during the energy crisis on Wednesday as people are struggling to keep up with rapidly increasing costs. The total package amounts to 1.1 billion euros to be distributed...

EU Energy Crisis: Greece Outlines Six-Point Plan

Greece's Prime Minister Kyriakos Mitsotakis outlined a six-point plan to deal with Europe's energy crisis earlier this week. In a letter addressed to EU officials, the Greek leader calls for the EU to deal with the economic repercussions of soaring...

Greece and Egypt Agree to Speed Up Joint Energy Project

Greece and Egypt agreed on Thursday to speed up the implementation of the energy interconnection project between the two countries as the energy crisis sweeps Europe. In a teleconference between Greece’s Prime Minister, Kyriakos Mitsotakis Egypt’s President, Abdel Fattah Al-Sisi...

Energy Crisis: Greece in Talks with Bulgaria Over Joint Nuclear Project

Greece is in talks with Bulgaria on building a new nuclear power plant on Bulgarian territory to also be used by Greece in order to cover part of its energy needs. Bulgaria's Deputy Prime Minister and Finance Minister, Asen Vassilev,...

Could EU Energy Price Hikes Lead to a Global Energy Crisis?

Gas and other energy prices have spiked in Greece, Europe and globally in the past two weeks. Experts have been researching whether this could lead to a new global energy crisis, like the one in the 1970s. Analysts believe gas...

More Than 3.5 Trillion Cubic Metres of Natural Gas in Cypriot EEZ

In his interview to Fileleftheros newspaper, Professor Emeritus Antonis Foskolos of the Department of Mineral Resources and Engineering of the Technical University of Crete claimed that there is serious scientific evidence showing that the Cypriot EEZ holds a wealth of...