London-listed shell company UK SPAC said on Tuesday it has submitted a prospectus to Britain’s markets watchdog to complete its 45-million-pound (52-million-euro) reverse takeover (RTO) of Greek medical marijuana producer Hellenic Dynamics.
Greece’s biggest power utility Public Power Corporation (PPC) on Monday denied Greek media reports that it was close to buying 70% of power utility Enel Romania, and that it had signed a relevant memorandum of understanding with Italy’s Enel Group.
The biggest problem the Cypriot economy faces in the effort for digital transformation is resistance to change, Cyprus’ Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos said on Monday.
A flotilla of tankers carrying liquefied natural gas have been parked in a maritime traffic jam off the coast of Spain in recent days, waiting to unload their precious cargo for Europe’s power grid.
The estimate for this year’s inflation will be close to 10% in the new budget, while the inflation forecast for 2023 will be below that level while remaining high, Finance Minister Christos Staikouras told Open TV on Tuesday, commenting on Eurostat inflation figures for Greece.