Tag #Greece

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kathimerini.gr

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Dec 18, 10:11

HELLENiQ ENERGY to Consolidate Energy Assets, Aiming for IPO

HELLENiQ ENERGY plans to consolidate its gas and electricity operations under a single entity, aiming for an IPO after divesting DEPA Trading; the plan involves integrating renewable energy sources, energy storage, and existing gas units to boost market share and offer competitive products, includin...

HELLENiQ ENERGY to Consolidate Energy Assets, Aiming for IPO

HELLENiQ ENERGY plans to consolidate its gas and electricity operations under a single entity, aiming for an IPO after divesting DEPA Trading; the plan involves integrating renewable energy sources, energy storage, and existing gas units to boost market share and offer competitive products, includin...

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Affordable and Clean Energy

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What is HELLENiQ ENERGY's plan for its energy sector, and what are the immediate implications?

HELLENiQ ENERGY plans to consolidate its gas and electricity operations under one umbrella, aiming for an IPO. This follows the planned divestment of DEPA Trading, expected to finalize within the month. The resulting entity will be a fully vertically integrated green business model.

kathimerini.gr

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Dec 18, 19:12

Greece's VAT Gap Narrows Significantly in 2022

Greece's VAT gap fell by 3.8 percentage points in 2022 to 13.7% of expected revenue, representing a €2.959 billion reduction and ranking fourth-best in the EU. This success is attributed to anti-tax evasion measures and potentially allows further tax cuts, though a significant gap remains.

Greece's VAT Gap Narrows Significantly in 2022

Greece's VAT gap fell by 3.8 percentage points in 2022 to 13.7% of expected revenue, representing a €2.959 billion reduction and ranking fourth-best in the EU. This success is attributed to anti-tax evasion measures and potentially allows further tax cuts, though a significant gap remains.

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Reduced Inequality

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What are the long-term prospects for Greece's VAT gap, and what challenges remain?

Greece's continued economic growth post-pandemic, coupled with sustained anti-tax evasion efforts, indicates further improvement in VAT gap reduction in 2023 and 2024. The low VAT gap from "missing traders" (1-2%) further strengthens the positive trend, though the overall gap still represents significant lost revenue. Future success will depend on the ongoing effectiveness of these measures and sustained economic stability.

kathimerini.gr

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Dec 18, 19:12

Greek Energy Suppliers Demand Action on \"3 Billion Euro\" Debt Crisis

Greece's energy suppliers association (ESPEN) demands urgent action on \"3 billion euro\" of overdue electricity bills, blaming slow meter deactivation and representation termination processes and calling for code changes to improve debt recovery.

Greek Energy Suppliers Demand Action on \"3 Billion Euro\" Debt Crisis

Greece's energy suppliers association (ESPEN) demands urgent action on \"3 billion euro\" of overdue electricity bills, blaming slow meter deactivation and representation termination processes and calling for code changes to improve debt recovery.

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Affordable and Clean Energy

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What long-term systemic changes are necessary to prevent future accumulation of unpaid electricity bills in Greece?

ESPEN proposes amending the supply code to prevent debt accumulation, allowing former suppliers to claim overdue payments under certain conditions and setting performance standards for DEDDIE. Failure to do so risks further instability in the energy sector and unsustainable price increases for consumers.

kathimerini.gr

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Dec 18, 19:12

Greece Allocates €200 Million to Subsidize Municipal Water Companies' Electricity Bills

The Greek government will provide a €200 million subsidy from the Energy Transition Fund to cover overdue electricity bills for municipal water and sewage companies, with a higher percentage for those merging or expanding service areas by specific deadlines.

Greece Allocates €200 Million to Subsidize Municipal Water Companies' Electricity Bills

The Greek government will provide a €200 million subsidy from the Energy Transition Fund to cover overdue electricity bills for municipal water and sewage companies, with a higher percentage for those merging or expanding service areas by specific deadlines.

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Affordable and Clean Energy

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How does the subsidy's disbursement mechanism incentivize efficiency and restructuring within Greece's municipal water and sewage sector?

This measure addresses the financial strain on DEYAs, many struggling with rising energy costs. The funding mechanism uses the Energy Transition Fund, highlighting the government's commitment to supporting essential services while managing public finances. The tiered subsidy system incentivizes municipal restructuring and efficiency improvements.

taz.de

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Dec 17, 19:11

Sinking of the "Tanaïs": The End of Crete's Jewish Community

On June 9th, 1944, the German ship "Tanaïs", carrying approximately 300 Jewish people from Chania, Crete, and other prisoners, was torpedoed by a British submarine, resulting in the deaths of all aboard; a German-Greek project now commemorates this event and the end of Crete's 2,300-year-old Jewish ...

Sinking of the "Tanaïs": The End of Crete's Jewish Community

On June 9th, 1944, the German ship "Tanaïs", carrying approximately 300 Jewish people from Chania, Crete, and other prisoners, was torpedoed by a British submarine, resulting in the deaths of all aboard; a German-Greek project now commemorates this event and the end of Crete's 2,300-year-old Jewish ...

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Peace, Justice, and Strong Institutions

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How does the German-Greek project seek to address the historical event and its lasting impact?

The sinking of the "Tanaïs" highlights the devastating impact of Nazi persecution on the Jewish community of Chania, Crete. The incident, long forgotten, is now the focus of a collaborative project using theater and education to raise awareness and remember the victims. The project uses the former synagogue in Chania as a performance space.

it.euronews.com

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Dec 17, 04:09

Greece and Lebanon Discuss Economic Cooperation Amidst Regional Instability

Greek Prime Minister Kyriakos Mitsotakis met with Lebanese Prime Minister Najib Mikati on Monday in Beirut to discuss bilateral economic cooperation, Lebanon's financial crisis, and regional stability, emphasizing adherence to the November 27 ceasefire between Israel and Hezbollah and the importance...

Greece and Lebanon Discuss Economic Cooperation Amidst Regional Instability

Greek Prime Minister Kyriakos Mitsotakis met with Lebanese Prime Minister Najib Mikati on Monday in Beirut to discuss bilateral economic cooperation, Lebanon's financial crisis, and regional stability, emphasizing adherence to the November 27 ceasefire between Israel and Hezbollah and the importance...

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No Poverty

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What immediate economic or political impacts resulted from the meeting between the Lebanese and Greek Prime Ministers?

The Lebanese Prime Minister Najib Mikati met with his Greek counterpart Kyriakos Mitsotakis on Monday in Beirut to discuss bilateral economic cooperation and agreements to help Lebanon overcome its financial crisis. Mikati highlighted Greece's experience in economic reforms and financial recovery, emphasizing Lebanon's unprecedented crisis since 2019. They also discussed Lebanon's current situation and the importance of adhering to the November 27 ceasefire agreement between Israel and Hezbollah.",

kathimerini.gr

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Dec 18, 16:15

Greek Economy Projected to Grow 2.2-2.4% in 2025

Greece's State Budget Office projects 2.2-2.4% economic growth in 2025, driven by private consumption and exports, with a realistic goal of €2.5 billion annually from reduced tax evasion; Q3 2024 saw 2.4% GDP growth.

Greek Economy Projected to Grow 2.2-2.4% in 2025

Greece's State Budget Office projects 2.2-2.4% economic growth in 2025, driven by private consumption and exports, with a realistic goal of €2.5 billion annually from reduced tax evasion; Q3 2024 saw 2.4% GDP growth.

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Decent Work and Economic Growth

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What is the projected growth rate of the Greek economy in 2025, and what are the key factors driving this growth?

The Greek economy is projected to grow by 2.2-2.4% in 2025, exceeding the Eurozone average, driven by private consumption and exports. The government aims to collect €2.5 billion annually from reduced tax evasion, a goal deemed realistic by the State Budget Office.

kathimerini.gr

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Dec 18, 13:13

Attica's Water Consumption Rises Amidst Drought

In Attica, Greece, water consumption rose 6.4% in 2024 despite a two-year drought, mainly due to increased irrigation in northern and eastern suburbs, surpassing the effect of 15,000 new connections; long-term solutions remain in early stages.

Attica's Water Consumption Rises Amidst Drought

In Attica, Greece, water consumption rose 6.4% in 2024 despite a two-year drought, mainly due to increased irrigation in northern and eastern suburbs, surpassing the effect of 15,000 new connections; long-term solutions remain in early stages.

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Clean Water and Sanitation

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What are the primary causes of the 6.4% increase in water consumption in Attica in 2024, and what are the immediate consequences?

Despite two years of drought, water consumption in Attica, Greece, rose 6.4% in 2024. This increase is primarily attributed to a 20% surge in irrigation needs in northern and eastern Attica during the spring and summer, exceeding the impact of a 30% rise in new water connections due to increased construction.

kathimerini.gr

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Dec 18, 19:12

Greece Supports Western Balkan EU Accession, Highlights Serbia and Albania

Greek Prime Minister Kyriakos Mitsotakis, at an EU-Western Balkans summit, reiterated Greece's support for the EU accession of Western Balkan countries, particularly Serbia and Albania, stressing the need for reforms and highlighting progress on minority rights in Albania as a step towards accession...

Greece Supports Western Balkan EU Accession, Highlights Serbia and Albania

Greek Prime Minister Kyriakos Mitsotakis, at an EU-Western Balkans summit, reiterated Greece's support for the EU accession of Western Balkan countries, particularly Serbia and Albania, stressing the need for reforms and highlighting progress on minority rights in Albania as a step towards accession...

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Peace, Justice, and Strong Institutions

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How does Greece's approach to Serbia and Albania's EU accession differ, and what are the underlying reasons?

Mitsotakis urged EU alignment on opening another accession chapter with Serbia, emphasizing its importance for regional stability. Regarding Albania, he noted progress on protecting the Greek minority's rights as a positive effect of the EU accession process.

kathimerini.gr

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Dec 18, 19:12

Greece Upgrades 112 Emergency System for €17.5 Million

Greece is upgrading its 112 emergency number for €17.5 million, adding features like video calls, geolocation, and a silent button, improving accessibility and integration with other emergency services.

Greece Upgrades 112 Emergency System for €17.5 Million

Greece is upgrading its 112 emergency number for €17.5 million, adding features like video calls, geolocation, and a silent button, improving accessibility and integration with other emergency services.

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Peace, Justice, and Strong Institutions

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What are the key improvements to Greece's 112 emergency system, and how will these changes affect public safety?

The Greek government is upgrading its emergency number, 112, for €17.5 million. This 'Next Generation' system will include improved geolocation, video calls, and a 'silent button' for emergencies. The upgrade, the first since 2014, will also improve accessibility for people with disabilities and integrate with other emergency services.

kathimerini.gr

🌐 85% Global Worthiness

Dec 17, 22:11

HELLENiQ ENERGY Consolidates Greek Energy Market Control

HELLENiQ ENERGY finalized the purchase of Elpedison's remaining 50% stake for €164 million plus €31 million conditionally and is selling its 35% share in DEPA Commercial to the Greek state, aiming for a 10% market share in energy supply by 2026 through organic growth.

HELLENiQ ENERGY Consolidates Greek Energy Market Control

HELLENiQ ENERGY finalized the purchase of Elpedison's remaining 50% stake for €164 million plus €31 million conditionally and is selling its 35% share in DEPA Commercial to the Greek state, aiming for a 10% market share in energy supply by 2026 through organic growth.

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Affordable and Clean Energy

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How does this restructuring address the challenges posed by the energy transition and evolving market dynamics?

This restructuring reflects the changing energy market landscape, moving away from the distinct sectors of previous decades toward greater flexibility and adaptability. The acquisition of Elpedison makes HELLENiQ ENERGY a fully vertically integrated energy group, uniquely controlling all its subsidiaries in Greece.

kathimerini.gr

🌐 75% Global Worthiness

Dec 17, 16:15

Greece Unveils National Strategy to Combat Online Risks for Minors

Greece is launching a national strategy to protect minors from online risks and social media addiction, featuring parental control tools (parco.gov.gr, Kids Wallet app) and aiming for EU collaboration on a Digital Rights Charter; details will be presented on December 30th.

Greece Unveils National Strategy to Combat Online Risks for Minors

Greece is launching a national strategy to protect minors from online risks and social media addiction, featuring parental control tools (parco.gov.gr, Kids Wallet app) and aiming for EU collaboration on a Digital Rights Charter; details will be presented on December 30th.

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Quality Education

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What specific measures is Greece implementing to protect minors from online risks and social media addiction?

Greece is addressing online risks for minors through a national strategy, encompassing parental control tools like the parco.gov.gr website and the Kids Wallet app, which verifies user age. The strategy, to be detailed on December 30th, aims to mitigate the negative impacts of social media overuse.

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