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Montenegrin Power Utility EPCG Net Profit Rises 38% in 2014

Παρ, 3 Απριλίου 2015 - 18:15

Montenegrin state-controlled power utility Elektroprivreda Crne Gore (EPCG) said its net profit rose 38% to 34.7 million euro ($37.2 million) in 2014.

Greece Warns Funds Would Be Post Mortem After 9 April

Πεμ, 2 Απριλίου 2015 - 19:13

As Eurozone officials warn that discussions with Greece may last until the end of April before an agreement is reached, the Athens government has told its creditors it will run out of money on April 9, according to Reuters.

Double Overtime: Iran Nuclear Talks Extended Again

Πεμ, 2 Απριλίου 2015 - 19:09

With even a vague outline of anIrannuclear deal eluding their grasp, negotiators went into double overtime Wednesday night and Thursday morning in a marathon attempt to find common ground for a more important task — forging a final deal by the end of June.

Ukraine Secures 3-Month Discount Gas Deal With Russia

Πεμ, 2 Απριλίου 2015 - 19:01

Ukraine’s national oil and gas company Naftogaz and Russian gas monopoly Gazprom have signed a technical addendum to their gas supply contract, extending key elements of the Brussels-mediated “Winter Package” until the end of June 2015, Ukrainian energy officials said on April 2.

Croatian Power Utility HEP Says Hires Advisers on IPO Plans

Πεμ, 2 Απριλίου 2015 - 18:56

Croatian state-owned energy utility HEP said on Wednesday it has hired Morgan Stanley, Sberbank and the local unit of Italian lender UniCreditas advisers on plans for an initial public offering (IPO).

Montenegro Italy's A2A Reach Interim Pact on EPCG's Future

Πεμ, 2 Απριλίου 2015 - 18:50

The Montenegrin government and Italian company A2A, as major shareholders in Podgorica-based state-controlled power utility EPCG, have reached an interim agreement that will allow A2A to continue managing EPCG in the next three months, the government in Podgorica said.

Slovenia's Krsko NPP to Start Regular Shutdown on April 11

Πεμ, 2 Απριλίου 2015 - 18:46

Slovenia's sole nuclear power plant Krsko said on Wednesday it will be shut down for approximately one month starting from April 11 for a regular planned outage.

EU - Ukraine: €1.8 Bn in Supplementary Assistance

Τετ, 1 Απριλίου 2015 - 19:02

The Council of the European Union has approved the Commission'sproposalfor newmacro-financial assistance (MFA)to Ukraine. Only a few days after theEuropean Parliament's approvallast Wednesday, this paves the way for swift disbursement of up to €1.8bn in medium-term loans in 2015 (€1.2bn) and 2016 (€600m).

Iran Nuclear Talks Resume After Missing Deadline

Τετ, 1 Απριλίου 2015 - 18:57

Negotiations over Iran's nuclear program resumed here Wednesday but were almost immediately beset by competing claims, just hours after diplomats abandoned a March 31 deadline to reach the outline of a deal and agreeing to press on.

Bosnia's RMU Banovici Says Final Ranking of Bidders in TPP Tender Seen by End-Sept

Τετ, 1 Απριλίου 2015 - 18:49

Bosnian state-controlled brown coal mine operator RMU Banovici said on Tuesday it expects to complete by the end of September the final ranking of the qualified bidders in a tender to finance and build a 350 MW thermal power plant (TPP).

Bulgaria’s Solarpro Holding Turns to Net Loss in 2014

Τετ, 1 Απριλίου 2015 - 18:46

Bulgarian provider of products and services for the solar industry Solarpro Holding said on Tuesday it turned to net loss of 993,000 levs ($546,600 million/507,700 euro) in 2014 from net profit of 57,000 levs a year earlier.

Bulgaria's Jan Power Output Rises 1.4% M/M

Τετ, 1 Απριλίου 2015 - 18:42

Production of electricity in Bulgaria rose by 1.4% on a monthly basis to 4,961 gigawatt-hours in January, the National Statistics Institute (NSI) said on Tuesday.

Merkel Ally Quits Over Approach to Greek Debt

Τρι, 31 Μαρτίου 2015 - 18:51

Peter Gauweiler, the vice-chairman of the Christian Social Union, sister party to Merkel’s Christian Democratic Union, has resigned from the leadership and the Bundestag.

Tsipras: Europe’s Security Architecture Should Include Russia

Τρι, 31 Μαρτίου 2015 - 18:46

Greece does not agree with theWesternsanctions imposed on Russia and believes that they lead toadead-end alley.

Russia to Allow Imports from Greece Hungary Cyprus Cooperate on Energy

Τρι, 31 Μαρτίου 2015 - 18:21

Two days before Greek prime minister visits Moscow to meet Russian president Vladimir Putin on 8 April, Russian experts will visit Greece on 6 April to prepare for a resumption of Greek agricultural products exports to Russia.

Merkel Not Worried about Tsipras Going to Moscow

Τρι, 31 Μαρτίου 2015 - 18:14

German Chancellor Angela Merkel said she wasn’t worried that the Greek prime minister Alexis Tsipras is heading to Russia next week.She said she andFrench President Francois Hollande“have also been to Moscow and we’re still members of the European Union and stand united.”