Greece Completes Framework For Data Centre Development

Greece Completes Framework For Data Centre Development

The institutional framework for licensing data centres in Greece has been finalised, marking a significant step in the country’s ambitions to enhance its digital infrastructure, the Ministry of Development announced on Wednesday. A Joint Ministerial Decision (JMD) recently published, in tandem with an earlier law, sets out clear regulations for the establishment and operation of …

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Greece raises €600 million in T-bill auction as yield falls to 2.45%

Greece raises €600 million in T-bill auction as yield falls to 2.45%

The Public Debt Management Agency announced that during the auction of 500 million euros of 26-week treasury bills conducted on Wednesday, the total bids reached €1.18 billion and the amount finally accepted was €600 million. The yield stood at 2.45%, from 2.61% at the previous auction.  Source link

Chevron Expresses Interest In Hydrocarbon Exploration Off Greece’s Western Coast

Chevron Expresses Interest In Hydrocarbon Exploration Off Greece’s Western Coast

According to the country’s energy minister, Chevron, the US energy giant, has shown interest in participating in hydrocarbon exploration off Greece’s western coast. Theodoros Skylakakis, who also serves as the environment minister, confirmed on Skai TV that Chevron’s request had been accepted. The company is particularly interested in drilling for gas in the Ionian Sea, …

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Metlen and HSGME team up on raw materials 

Metlen and HSGME team up on raw materials 

Metlen announced on Wednesday it has started a strategic partnership with the Hellenic Survey of Geology & Mineral Exploration (HSGME) to enhance the supply security of the historic Aluminium of Greece plant and ensure the sustainable development of investments in the aluminium and alumina sectors. Building on HSGME’s extensive experience in strategic mineral research and …

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National debt posted notable decrease in Q3

National debt posted notable decrease in Q3

Greek debt fell by 10 percentage points in the third quarter of 2024 compared to the same period in 2023, marking the largest contraction in the European Union. According to Eurostat data, the percentage of Greek debt compared to gross domestic product continued to decrease and closed the gap with Italy, but is still by …

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Cypriot Ambassador Visits Art Exhibition “Winter Meetings” In Moscow

Cypriot Ambassador Visits Art Exhibition “Winter Meetings” In Moscow

Ambassador of the Republic of Cyprus in Moscow, doctor Kypros Giorgallis, visited the painting exhibition “Winter Meetings”, organised by the Creative Union of Artists of Russia. The head of the painting department of the Union, Andrey Dubov, and the curator of the exhibition, Tatiana Fruleva, conducted a tour of the exhibition. The exhibition is attended …

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Latchi port expansion to benefit Poli Chrysochous

Latchi port expansion to benefit Poli Chrysochous

The long-anticipated expansion of Latchi port in Cyprus, which is managed by the Cyprus Ports Authority, is once again gaining momentum. The project, considered a game-changer for Poli Chrysochous in the island’s northwest, promises to bring significant economic and social benefits to the region. The project had originally been estimated at 53.5 million euros but …

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Crete-Attica electrical interconnection passes final test

Crete-Attica electrical interconnection passes final test

Ariadne Interconnection, a subsidiary of the Independent Power Transmission Operator (ADMIE), has successfully completed the site acceptance test (SAT) for the cable system of the Crete-Attica electrical interconnection at the Koumoundouros Converter Station (Aspropyrgos), ADMIE sources reported on Wednesday. During the technical test, Ariadne engineers charged the two poles of the cable system, of a …

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