ExxonMobil, Qatar Energy to drill two new wells

ExxonMobil, Qatar Energy to drill two new wells

ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus’ offshore Blocks 5 and 10 early next year. The announcement came after a meeting between ExxonMobil Vice President John Ardill and Cyprus’ President Nikos Christodoulides, alongside Energy Minister George Papanastasiou. The drilling is part of a larger effort to explore …

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HFSF 2023 report outlines Greek banks’ green financing initiatives

HFSF 2023 report outlines Greek banks’ green financing initiatives

The Hellenic Financial Stability Fund (HFSF) has just published its Sustainability Report for 2023, which includes a separate section covering the initiatives, actions and selected figures of the Greek systemic banks as well as the fund’s proposals for promoting sustainability in lending. It highlights efforts to strengthen sustainable financing practices, emphasizing the integration of climate …

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China’s hacking reached deep into US telecoms

China’s hacking reached deep into US telecoms

Visitors inside of the national security exhibition at the Hong Kong Museum of History, in Hong Kong, August 11. China’s recent breach of the innermost workings of the US telecommunications system reached far deeper than the Biden administration has described, the chairman of the Senate Intelligence Committee said on Thursday, November 21, with hackers able …

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AmCham Greece releases 2024 real estate and development investors guide

AmCham Greece releases 2024 real estate and development investors guide

The American-Hellenic Chamber of Commerce this week presented its “Real Estate in Greece 2024” investment guide, aimed at informing investors about the Greek market and assisting in the optimum understanding of the country’s investment framework. This guide could constitute the primary point of reference for various types of investment entities, both individuals and investment companies …

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Vindication, revenge and responsibility | eKathimerini.com

Vindication, revenge and responsibility | eKathimerini.com

Even if we lived in a fishbowl, the turbulence in our political scene would be important. New Democracy finally rid itself of a former prime minister who was continually seeking attention by playing the popular roles of embittered messiah and compulsive Cassandra. SYRIZA abdicated the role of official opposition by splitting continually in its search …

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Power market intervention set for early next month

Power market intervention set for early next month

[InTime News] Minister of Environment and Energy Thodoros Skylakakis stressed on Friday that in early December the government will announce the interventions to minimize the impact on consumers from the crisis in the electricity market in Southeastern Europe. Skylakakis made the statement after a meeting with representatives of the European Commission on the type of …

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Tax exemptions amount to 28.2% of revenue

Tax exemptions amount to 28.2% of revenue

[AP] The tax exemptions provided by the state to households and businesses have reached 18.8 billion euros, an amount corresponding to 28.2% of total tax revenue. Without tax exemptions, tax revenues would have reached €85.5 billion, enabling governments to pursue social policy with targeted actions and permanent measures. According to the Ministry of National Economy …

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Reds beat Baskonia and rise to second in Euroleague

Reds beat Baskonia and rise to second in Euroleague

[Intime] Olympiakos has risen to second in the Euroleague through its home win over Baskonia on Thursday and the loss of Panathinaikos at Zalgiris Kaunas on Friday. The Reds saw off Baskonia 92-69 at the Peace and Friendship Stadium with great ease to climb to an 8-3 record. Despite the absence of influential Sasha Vezenkov, …

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NATO Secretary General in Athens on Tuesday

NATO Secretary General in Athens on Tuesday

[Manon Cruz/ AP] NATO’s newly appointed Secretary General, Mark Rutte, will visit Athens next Tuesday for a meeting with the Greek Prime Minister and government officials. He is scheduled to meet with Prime Minister Kyriakos Mitsotakis, Foreign Minister George Gerapetritis, and Defense Minister Nikos Dendias. The day before, Rutte will visit Ankara to meet with …

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Mitsotakis at EPP Youth Conference: jobs and security as top priorities

Mitsotakis at EPP Youth Conference: jobs and security as top priorities

[Dimosthenis Kamsis/InTime News] Prime Minister Kyriakos Mitsotakis addressed the European People’s Party Youth Conference on Friday, emphasizing the government’s commitment to creating jobs for young people. Highlighting the significance of engaging with the next generation to shape effective policies, Mitsotakis highlighted that since New Democracy took office, more than 500,000 jobs have been created, and …

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