The Greece-Cyprus electricity interconnection, a project with a budget of 1.9 billion euros, has attracted the interest of major investors inside and outside Europe. After the October agreement placing the Independent Power Transmission Operator (ADMIE) in charge of implementation, the project is on track.
Prime Minister Kyriakos Mitsotakis on Monday chaired a meeting at the Interagency Market Control Unit headquarters, where he was briefed on ongoing inspections and other measures designed to clamp down on unfair practices in the market.
Serbia on Sunday completed the interconnector to a pipeline in Bulgaria which would allow the Balkan country to diversify its gas supplies and reduce its dependence on Russia.
The Eurosystem maintained its holdings of Cypriot bonds valued at 6.75 billion euros as of the end of November, data from the Central Bank of Cyprus have shown.
Greece and Turkey need a period of calm and civilized dialogue before they dive into the crux of any negotiations between the two countries.
All in all, Recep Tayyip Erdogan’s visit to Athens was positive. The Turkish leadership had a deliberate effort to keep a moderate tone and not provoke a reaction from the Greek side, as it did in 2017.
The National Economy and Finance Ministry has set up a committee to reform the system for the arbitrary determination of taxpayers’ incomes through counting their property assets.
The West is weary. It is also deeply divided. The real question is just how weary it is. Its top rivals are eager to find out so they can plan their next moves, starting with the Russian president.
Traders at the Greek stock market stayed on the same path of caution they have been on throughout December to date, with reduced action at Athinon Avenue and a mixed picture for stock prices on Monday.
The areas of the country where home sales prices have now exceeded – indeed far exceeded – the previous all-time high of the market, recorded during 2008, are increasing on a steady basis.