Gazprom completely stopped the flow of natural gas in Nord Stream – ‘Discovered’ technical problem
LAST UPDATE: 21.09 The Russian state energy giant Gazprom announced that the Nord Stream 1 natural gas pipeline, which connects…
energy crisis
Russia Prepares to Restore Natural Gas Flows – 15% Plunge in Prices
Moscow indicated it would restore gas flows to Europe via Germany's critical Nord Stream pipeline, easing markets. In particular, as…
BofA: Raises bar for growth in Greece and Eurozone this year on strong tourism
However, it downgraded its estimates for 2023 as it predicts that the Eurozone will enter a technical recession in the…
Citi: The ‘winners’ and ‘losers’ of the European Energy solution – Greece in the worst position
her Eleftherias Kourtalis Greece, together with the Netherlands and Italy, are the countries that are most vulnerable - both on…
EU plan to intervene in energy markets – ‘There are limits’ to what it can achieve
An emergency intervention in European electricity markets may lower prices but will not protect the region's economy from the knock-on…
Despite the increase in spreads in the Ministry of Finance, they see large reduction in debt
By Tasos Dasopoulos The estimate that inflation will jump this year to 8.5-9% on an annual basis does not only…
Pictet: Deep recession in the winter in the Eurozone with double-digit inflation – Triple the cost of energy
Her Eleftherias Kourtalis Pictet Wealth Management is revising its eurozone GDP forecast due to a further worsening of the energy…
Spain cuts VAT on natural gas to 5% from 21%
The Spanish government is reducing the value-added tax on natural gas to 5% from 21% from October in order to…
Over 1.1 billion euros benefit until 21/8 from the ‘ceiling’ in the compensations of electricity producers
More than 1.1 billion euros is the benefit of consumers from the application of the "ceiling" on the compensation prices…
Motor Oil: Fuel market losses will be recovered by the end of the year
The assessment that the fuel market will this year recover all the losses suffered due to the crisis, which means…