United Kingdom


Hellenic to set up solar plant in northern Greece


ATHENS Greece's biggest oil refiner, Hellenic Petroleum , said on Monday it will finance and operate a 204 megawatt solar energy plant in northern Greece to tap into the country's shift from coal to renewables.


Exclusive: Hackers acting in Turkey’s interests believed to be behind recent cyberattacks - sources 27 Jan 2020

LONDON Sweeping cyberattacks targeting governments and other organisations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security officials said.


Greece, Israel, Cyprus sign EastMed gas pipeline deal 02 Jan 2020

ATHENS Greece, Cyprus and Israel on Thursday signed a deal to build a 1,900 km (1,180 mile) subsea pipeline to carry natural gas from the eastern Mediterranean's rapidly developing gas fields to Europe.


Energean gets extra year to explore Montenegro's offshore oil and gas blocks 20 Dec 2019

SARAJEVO Montenegro, which is hoping to find oil and gas reserves off its coast, said on Friday it has extended Energean Oil & Gas's licence by a year to explore two blocks as the Greek company required more time.

Greece to shortlist investors for its biggest airport next month 19 Dec 2019

ATHENS Greece will shortlist investors for a minority stake in Athens International Airport (AIA) next month, the head of the country's privatisation agency said on Thursday.


Greek economic growth slows, net exports are main driver 05 Dec 2019

ATHENS Greece's economy continued to recover in the third quarter, driven by net exports, but its expansion slowed from the second quarter amid weaker consumer spending and investments.


Greece eyes stronger growth, more tax cuts next year 03 Dec 2019

ATHENS Greece is confident of strong economic growth next year, Finance Minister Christos Staikouras said on Tuesday, promising further tax cuts and more investment in 2020.


U.N. refugees chief urges Greece to improve 'miserable' camp conditions 27 Nov 2019

LESBOS, Greece The United Nations High Commissioner for Refugees urged the Greek government on Wednesday to improve living conditions in migrant camps and said Europe must do more to protect unaccompanied children.


Folli reaches preliminary restructuring deal with some creditors 27 Nov 2019

ATHENS Greek jeweller Folli Follie has reached a preliminary deal with some of its creditors over a rescue plan for the company, it said late on Tuesday.


Eurobank, NBG report higher profits as they tackle bad loans 21 Nov 2019

ATHENS Eurobank and National Bank (NBG) , two of Greece's largest lenders, on Thursday reported higher third-quarter profits showing the benefits of clearing bad loans from their balance sheets.