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Tsipras in Brussels to Force Juncker΄s Hand

Παρ, 13 Μαρτίου 2015 - 18:13

The Commission president Jean-Claude Juncker might be Alexis Tsipras’s onlyremainingfriend. It is anyway what the Greek primeministerseems to think, hence his decision to fly to Brussels today, where he met Juncker and alsothe speaker of the European Parliament Martin Schulz.

Hungary Claims Nuclear Deal With Russia not Blocked

Παρ, 13 Μαρτίου 2015 - 18:10

Hungary on Thursday denied media reports that the European Union has blocked a €10 billion euro nuclear deal between the EU country and Russia.

Croatia ΄s INA Says Gas Tariff Cut to Hit Revenues

Παρ, 13 Μαρτίου 2015 - 17:57

Croatian oil and gas company INA, said on Thursday the government's decision to set a new regulated price at which it sells gas to state-owned power utility HEP would have a negative effect on its revenues.

Serbia΄s EPS to Become Joint Stock Co by July 2016

Παρ, 13 Μαρτίου 2015 - 17:54

Serbian energy minster Aleksandar Antic said on Thursday state-owned power utility EPS will become by July 2016 a joint stock company as a result of its ongoing restructuring.

Croatia 's HEP 9-Mo Prelim Cons Net Profit Surges

Παρ, 13 Μαρτίου 2015 - 17:52

The consolidated net profit of Croatian state-owned power utility Hrvatska Elektroprivreda (HEP) surged to a preliminary 1.99 billion kuna ($275.7 million/260.3 million euro) in the first nine months of 2014 from 855.2 million kuna a year earlier, data of Croatia's state asset management office, DUUDI, showed on Thursday.

Kosovo΄s Q4 Power Output Doubles Q/Q

Πεμ, 12 Μαρτίου 2015 - 19:46

Kosovo's power plants generated 1,379 gigawatthours (GWh) of electricity in the last quarter of the year, up 50.2% from the third quarter of 2014, the country's statistics agency said.

Raiffeisen Bank Raises Romania ΄s Nuclearelectrica to Buy

Πεμ, 12 Μαρτίου 2015 - 19:43

Raiffeisen Bank said on Wednesday it raised its recommendation onRomania's nuclear power plant operator Nuclearelectrica to 'buy' from 'reduce'and increasedits target price for the stock.

Romania΄s Energy Output Rises 4.7% Y/Y in Jan

Πεμ, 12 Μαρτίου 2015 - 19:40

Romania's energy output roseby an annual 4.7% in January, while imports fell11.2%, the statistics office, INS, said on Wednesday.

IENE Regional Conference - ENERGY SECURITY AND GAS SUPPLY IN SE EUROPE

Πεμ, 12 Μαρτίου 2015 - 19:36

The Institute of Energy for SE Europe (IENE) is convening ad hoc a one day conference in Vienna on March 12, 2015 in order to review latest developments in European gas markets following the abandonment of South Stream and the emergence of the Turkish Stream project and the huge implications arising thereof for European energy security.

Europe is Aging Unequally Bringing Problems

Πεμ, 12 Μαρτίου 2015 - 19:32

A new report from the World Bank looks at how central European and Baltic countries are aging differently to the rest of Europe and makes suggestions for policymakers. The lead author, Emily Sinnot spoke to New Europe.

ECB Increases ELA Ceiling for Greek Banks

Πεμ, 12 Μαρτίου 2015 - 19:27

The European Central Bank (ECB) increased today the maximum Emergency Liquidity Assistance (ELA) that Greek banks can get from their national central bank by 600 million euros.

Greece and Germany in Cold War

Πεμ, 12 Μαρτίου 2015 - 18:13

Yesterday (March 10) German Finance Minister Wolfgang Schäuble made an unusually tough statement on Greece, indicating that Greece must fulfill all its obligations stemming from the memorandum of understanding (signed by the previous government) in order to get the next installment paid.

Greece Revives WW2 German Reparations

Πεμ, 12 Μαρτίου 2015 - 18:12

One day after Greece's prime minister, Alexis Tsipras, raised the question of WWII German reparations saying that his country has never been fully compensated by Germany, the Greek Justice Minister said today he is ready to authorise confiscation of German assets in Greece in implementation of an old Supreme Court decision for the compensation for victims of Nazi atrocities.