By Haris Fludopoulos The aim is to complete the transaction for ELLAKTOR by the end of the year, the management of Motor Oil Hellas stated yesterday during the presentation of the results of the first half of the year to the analysts. The extraordinary General Assembly of MOH will be held next week, in which […]
Tag: energy crisis
New ‘massive relief package’ in Germany
It was announced by Chancellor Soltz together with Minister of Finance Lindner and Minister of Economy and Energy Hambeck. Initial calculations speak of 30-40 billion euros. Wanting to send an image of unity and solidarity in the German government, which has long been marked by divergent tendencies and major disagreements in key areas related to […]
Reuters: It is not enough to store natural gas, consumption must also be reduced
The European Union is on track to meet its gas storage targets, but analysts warn that the most important factor for energy security this winter will be whether countries can cut consumption enough to ensure that stored natural gas will last through the coldest months, Kate Abnett and Bozorgmehr Sharafedin note in a Reuters analysis. […]
UBS: What options does the EU have to support the energy market – The best solution
Her Eleftherias Kourtalis The options of the E.E. to support the energy market, UBS examines, concluding which solution would be the best for the region. On Monday, European Commission President Ursula von der Leyen said “the surge in electricity prices now exposes the limitations of the current electricity market design” and promised “urgent intervention and […]
Germany: Energy crisis threatens the very essence of German industry, warns BDI president
“The very essence of German industry is under threat” due to the energy crisis, warns the president of the Association of German Industry (BDI) Siegfried Rushburm, and stresses the need for clarity on whether current savings in the event of gas shortages will be possible in the future some degree to be compensated. “The situation […]
In the final stretch Maximou for TIF – Energy crisis and the ‘key’ of the fiscal
By Dimitris Gatsiou In the final stretch for the presence of the prime minister at the International Exhibition of Thessaloniki, on the two days of September 10 and 11, the Maximos Palace is now entering. The final package of measures to be announced by the prime minister, from the podium of the Vellidei Conference Center, […]
Because in one day Greece became the most expensive electricity market in Europe
By Haris Fludopoulos The Greek electricity market for today emerges as the most expensive in Europe as the price in the previous day’s market stood at 697.41 euros/MWh. And yet just yesterday Greece was in the European average, as with 671.14 euros/MWh it was in 14th place in the ranking of European electricity markets. What […]
Bloomberg: The challenges of the EU emergency plan for the energy crisis
With the energy crisis deepening and winter approaching, the European Union plans to take emergency measures to deal with rising electricity costs hitting businesses and households. The goal of the Union, as reported by Bloomberg, is in the short term to limit prices and in the long term to change the way energy is priced […]
Olaf Solz: ‘Too fast’ the decisions on a package of relief measures for the citizens
The federal government will “very quickly” take decisions to relieve citizens from the consequences of the energy crisis, said Chancellor Olaf Scholz, who however emphasized that compared to a few months ago, Germany is today in a much better position in the , regarding the security of natural gas supply. “No one should be left […]
Germany: The energy crisis at the center of the two-day meeting of the federal government
With the central theme of “the impact of the conflict in Ukraine on the security of energy supply in Germany”, the federal government is meeting today and tomorrow at the Messeberg Castle in Brandenburg, looking for solutions to the energy crisis and, above all, consensus between the government partners. The ruling coalition is under pressure […]