Calamos Supports Greece

Yiannis Maniatis

Twelve Energy Projects Worth 7 Bln Euros Included in Fast Track Procedure

Greek authorities on Monday decided to include 12 energy investments worth 7 billion euros to a fast track legislation procedure for strategic investments. The decision was reached during a meeting of the inter-ministerial commission headed by Greece 's Development and...

Ukraine Crisis Dominates EU Energy Ministers' Meeting in Athens

Europe is considering increasing the size of security stockpiles of natural gas that member-states are obliged to have in storage in between 50 and 60 days, instead of the 30 days envisaged by current directives, in case of a...

Greece Signs Hydrocarbon Exploration Deal, Eyeing EUR4.4bn

After a hiatus of 15 years, Greece's hydrocarbon industry started to swing back into action Wednesday. Three energy consortia signed concessions for the exploitation of hydrocarbon deposits in western and northern Greece that it is hoped could yield the country some six...

Italy's Enel Applies to Search Greece For Oil and Gas

The Greek Ministry of Environment, Energy and Climate Change received yesterday three applications for hydrocarbon exploration in the regions of western Greece and Epirus. All three applications were submitted by the Italian energy group Enel, and they concern three separate...

Gov't Opens the Way to Construction of New AEK Stadium

The Environment, Energy and Climate Change ministry on Thursday released for public consultation the legislative regulation concerning the urban redesigning of the area which the new AEK football stadium is to be built in the Athens, Greece, district of...

Downtown Athens Redevelopment Project Gets "Green Light"

A 78.5-million-euro project for the redevelopment of the Panepistimiou-Patission axis, the extension of the tram line and related traffic measures that will breath new life into the center of Athens, Greece, was given the “green light” on Wednesday. The project...

BP Buys Greek Oil Reserves

The agreement for the purchase of the Prinos oil field reserves was signed on Monday afternoon at the Greek Ministry of Environment, Energy and Climate Change, between Energean Oil, the Greek company exploiting the reserves and British multinational BP Oil...

Seven New Wind Farms in Imathia and Kozani

The environmental conditions for the construction and the operation of seven large wind farms and the additional technical works required, were approved today by the Minister of Environment, Energy & Climate Change Yiannis Maniatis. The wind power stations with a...

Tackling Smog with Discount on Electricity

In order to deal with the smog problem, the Greek government is providing discounts on the cost of electricity consumption, for residential customers, during periods of increased smog. Greece's Joint Ministerial Decision was signed by the Environment Minister, Yiannis...

Greece won't Cut Heating Oil Tax Despite Smog

Greece's government Wednesday ruled out reducing a tax on heating oil despite a sharp increase in smog resulting from extensive wood-burning. In a joint press conference held after an emergency meeting on Christmas Day, Finance Minister Yannis Stournaras, Health Minister...