English Edition

UNHCR Shock at Latest Deaths on Mediterranean - Rescue Capacity Needed More Urgently Than Ever

Τετ, 15 Απριλίου 2015 - 19:55

With a new and large-scale boat tragedy reported on the Mediterranean, UNHCR is today appealing afresh to governments across the region to prioritize the saving of lives, including by urgently expanding and upgrading search and rescue capacities.

ECB Dick - Tatorship Pushes Up European Shares

Τετ, 15 Απριλίου 2015 - 19:06

European shares rose Wednesday as European Central Bank chief Mario Draghi gave hints that the bank will bring its stimulus earlier than planned.

Greece Asked for Coherent List of Reforms Before Riga Summit

Τετ, 15 Απριλίου 2015 - 15:48

As Greece is fast approaching the end of April deadline set by the 20 February Eurozone agreement for concluding a new reform plan, EU Commission Vice President, Valdis Dombrovskis noted that Eurogroup ministers will not approve aid payments to Greece on 24 April during their informal meeting in Riga.

TAP Contracts Albanian - Italian JV to Build Access Roads Bridges in Albania

Τετ, 15 Απριλίου 2015 - 15:12

The Trans Adriatic Pipeline (TAP) project company said on Tuesday it has selected a joint venture formed by Albania's Gener 2 and Italy's Sicilsaldo for the construction and rehabilitation of access roads and bridges in Albania.

Serinus Energy to Complete Testing of Romanian Well in Days

Τετ, 15 Απριλίου 2015 - 15:11

Oil and gas exploration company Serinus Energy said on Tuesday testing is currently underway on the Moftinu-1002bis well in Romania, with results expected within the next several days.

Bulgaria's N-Plant Shuts Down Unit for Planned Repairs

Τετ, 15 Απριλίου 2015 - 15:09

The operator of Bulgaria's sole nuclear power plant in Kozloduy said it shut down one of the plant's two 1,000-megawatt (MW) units for planned annual repairs.

New Diplomacy Forges Stronger Energy Ties for the Americas

Τρι, 14 Απριλίου 2015 - 18:35

Energy costs for Central American economies are impeding national development, US PresidentBarack Obamasaid as US and Canadian leaders called for stronger ties in the regional energy sector to help with economic development in the Western Hemisphere.

FYROM’s ELEM Activates Slovenia's Riko 5.6 Mln Euro Guarantees for HPP Project

Τρι, 14 Απριλίου 2015 - 18:27

FYROM state-owned power producer ELEM said on Thursday it has activated bank guarantees worth 5.6 million euro ($6 million) provided by Slovenia's Riko after the company failed to meet its contractual obligations on the construction of a 36.4 MW hydro power plant (HPP), operated by ELEM.

Electricity Issues Stumbling Block for Albanian Business

Τρι, 14 Απριλίου 2015 - 18:25

The top three business environment obstacles identified by Albanian firms are electricity issues, competitors’ practices in the informal sector and corruption, the European Bank for Reconstruction and Development said on Thursday.

HoSt Croatia's Djuro Djakovic to Sign 35.2 Mln Euro in Deals with HEP

Τρι, 14 Απριλίου 2015 - 18:23

Croatian diversified holding company Djuro Djakovic said on Thursday it will sign as part of a consortium with Dutch partner HoSt two deals with Zagreb-based state-owned energy utility HEP totaling 35.2 million euro ($37.8 million).

Greece Meets IMF Deadline Faces New Hurdles

Πεμ, 9 Απριλίου 2015 - 18:24

Meeting today's deadline to pay 460 million Euros to the IMF, Greece is now looking to a new deadline to reach an agreement with its creditors before the 24 April informal Eurozone meeting in Riga.

The Media on Tsipras in Moscow: A Star That Still Twinkles

Πεμ, 9 Απριλίου 2015 - 18:19

Alexis Tsipras' visit to Moscow gets wide coverage today, with many papers writingagain about the possibility of a Grexit, of Greece leaving the Eurozone.

Serbia FYROM Greece Turkey Hungary Plan to Tackle Jointly Energy Security

Πεμ, 9 Απριλίου 2015 - 18:05

Serbia, Hungary, Greece, FYROM and Turkey have agreed to pursue joint infrastructure initiatives that would ensure the energy stability of the region, especially after the demise of the South Stream gas pipeline project, Serbian foreign minister Ivica Dacic said.

Mineco Says 4 MW HPP Project in Bosnia to Go Live in 2017

Πεμ, 9 Απριλίου 2015 - 18:04

UK - based mining and energy group Mineco said its subsidiary Medos One has won a 50-year concession to build and operate a 4 MW hydro power plant (HPP) on the Drinjaca river in Bosnia.

AES to Cut by 14% Power Price in Bulgaria Contour Global Agrees to 17% Decrease

Πεμ, 9 Απριλίου 2015 - 17:55

The Bulgarian units of US companies AES and Contour Global agreed with state-owned power utility NEK on a decrease by 14% and 17%, respectively, in the capacity price for electricity produced by their coal-fired plants in the southeast of the country, the Bulgarian government said on Wednesday.

Tsipras - Putin Speak of Spring Agree on Energy - Trade Cooperation

Τετ, 8 Απριλίου 2015 - 19:17

Describing their meeting as the beginning of a new Spring in the relations between Greece and Russia, Russian president Vladimir Putin and Greek prime minister Alexis Tsipras ended their talks in Moscow, with the signing of a series of cooperation agreements between their countries, mainly in the trade and energy sectors.