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Trump sends David Malpass to the World Bank

President Donald J Trump named David Malpass, currently US Treasury Undersecretary for International Affairs, as the US candidate for the Presidency of the World...

Israel, Cyprus, Greece and Italy show political will for EastMed gas pipe

ATHENS - There is political will from Israel, Cyprus, Greece and Italy to proceed with the construction of the EastMed natural gas pipeline, Israel’s...

Political landscape reshaped after blistering Prespes Agreement ratification battle

While Greek Prime Minister Alexis Tsipras successfully avoided triggering national elections over the painful ratification battle for June’s Prespes Agreement with the newly renamed...

US oil production may undermine OPEC-Plus cuts

The United States becomes a net energy exporter in 2020 and remains so throughout the projection period as a result of large increases in...

Deeply polarised Greece ratifies Prespes Agreement

Greece completed its rushed and contentious ratification procedure for the Prespes Agreement in a vote delayed to January 25, aiming to resolve the Name...

Prespes Agreement ratification enters final stretch

The Greek side’s ratification process for June’s Prespes Agreement which seeks to resolve the Name Dispute between Greece and Macedonia/FYROM is now moving forward...

Tsipras narrowly wins self-imposed confidence vote

Greek Prime Minister Alexis Tsipras won the closest of confidence challenges late January 16 with 151 votes in favour and 148 against. Although at...

East Med countries agree to create regional gas market

Eastern Mediterranean countries have agreed to create a regional gas market in an effort to transform their part of the Mediterranean into a major...

Tsipras co-opts Independent Greeks in confidence vote, expected to get North Macedonia seal of approval

All the pieces are now in place for a one-two process that will see the Prespes Agreement, which seeks to resolve the Greece-Macedonia/FYROM Name...

Name Dispute: Western leaders rejoice, Greece melts down

After a confused post-holiday week marked by conflicting statements and signals from key Greek leaders in the ruling coalition government, political developments in Athens...

EU energy policy to boost security of supply in the Balkans

ATHENS – The European Union and member states need to work together to increase energy security, which is a goal that will be continued...

Name Dispute: Prespes ratification issue is front and center

Like the slowly ticking time bomb it actually represents for the Greek political world, the Prespes Agreement ratification procedure rolls almost inexorably towards completion...

Slower global economic growth can lead to lower oil and gas prices in 2019

Oil prices are unlikely to rise significantly this year because of fears of an oil supply glut caused by over production and reduced oil...

UN face off over Kosovo army vote

The Kosovo Parliament’s December 14 vote to formally create a military structure triggered the almost-automatic UN Security Council (UNSC) face off December 17 in...

US-Greece strategic dialogue inaugurated

In an atmosphere of already close bilateral relations, the US and Greece inaugurated their “Strategic Dialogue” in Washington on December 13.  US Secretary of...

Kosovo votes to transform civil defence force into formal military structure

The Kosovo Parliament voted almost unanimously on December 14 to begin the process of upgrading the country’s existing NATO/KFOR-trained paramilitary force, the Kosovo Security...

Greece, Cyprus, Israel to discuss gas exports to Europe

A trilateral Greece-Cyprus-Israel summit will take place in Beersheba on December 20 where host Israel’s Prime Minister Benjamin Netanyahu, his Greek counterpart Alexis Tsipras,...

Name Dispute: Independent Greeks on the rocks

The ratification process for the Prespes Agreement, signed by Greece and Macedonia/FYROM last June in attempt to resolve the Name Dispute between them, rolls...

Name Dispute: Flaws in Prespes Agreement fuel new Greek firestorm

With the Prespes Agreement ratification steamroller moving almost inexorably forward in Macedonia/FYROM, public attention to the issue in Greece has refocused and the subject...

Greece launches expanded LNG terminal to deliver gas to the Balkans

REVITHOUSSA, Greece - Greece inaugurated on November 22 the upgraded liquefied natural gas terminal (LNG) in Revithoussa, operated by gas grid operator DESFA, in...

Hungary grants former Macedonia/FYROM PM Gruevski asylum

The flight of former Macedonia/FYROM Prime Minister Hungary Nikola Gruevski to Hungary took on wider implications as Budapest reportedly granted Gruevski’s asylum request.   In...

Putin voices support for OPEC, sees no need to cut production

Russian President Vladimir Putin reportedly said on November 15 that Moscow is committed to continuing its cooperation with the Organization of Petroleum Exporting Countries...

FYROM's nationalist former prime minister on the run

By far the most interesting development related to the Name Dispute between Greece and Macedonia/FYROM this week was the departure in stealth mode of...

EU Commissioner calls for more prevention to deal with climate change

BRUSSELS – Contrary to US President Donald J Trump’s arguments, climate change is real and Europe should lead the way in taking preventive measures...

Name Dispute: Work progresses on Prespes Agreement implementation

With Greece currently distracted by a wide range of political issues and debates, legislators in Skopje are hard at work debating the constitutional amendments...

As Exxon prepares to drill off Cyprus, tensions flare with Turkey

LIMASSOL, Cyprus – The drillship of ExxonMobil is reportedly expected to arrive in the port of Limassol on November 5 as the US energy...

Turkey challenges Greece, Cyprus again over East Med hydrocarbon exploration

Echoing his warnings against Cyprus' energy exploration, Turkey Defence Minister Hulusi Akar said October 24 his country will not allow Greece to interfere in...

Name Dispute: Athens takes a breather

The political processes in both Greece and Macedonia/FYROM are still adjusting to the surprise victory by Prime Minister Zoran Zaev in the October 19...

Name Dispute: Zaev scores stunning victory from failed referendum

In a late-night vote October 19th, Macedonia/FYROM Prime Minister Zoran Zaev collected the required 80 yes votes, or a 2/3 majority, to approve the...

Name Dispute: Greece’s odd couple stays the course

The fate of the yet-unratified Prespes Agreement, signed last June as the vehicle for resolving the so-called Name Dispute between Greece and Macedonia/FYROM, was...

With an eye on Nord Stream-2, EU Gas Directive debate heats up

The European Union debate on the on-going revision process of the Gas Directive continues as businesses and companies are concerned that changes will affect...

Greek Foreign Minister Kotzias resigns after tussle with Defence Minister

Greek Foreign Minister Nikos Kotzias submitted his resignation which was accepted Wednesday by Prime Minister Alexis Tsipras after several days of feuding with Defense...

Trump establishes US International Development Finance Corporation

President Donald J. Trump quietly approved the creation of a new foreign assistance agency on October 5, named the United States International Development Finance...

Greece, Egypt and the EU support Cyprus’ right to explore for hydrocarbons

Greek Prime Minister Alexis Tsipras, Cypriot President Nicos Anastasiades and Egyptian President met on the island of Crete on October 10, for talks aimed at...

Name Dispute: Questions raised over Greek commitment to Prespes Agreement

Greek Defense Minister Panos Kammenos displayed to his American interlocutors a total lack of policy coordination within his country’s coalition government when he proposed...

Greek Defence Minister proposes new Balkan alliance and US base offers

Greek Defense Minister Panos Kammenos used a scheduled Washington visit and meetings on October 9 to drop two headline-grabbing proposals. He first proposed the creation...

In Greece, EU sees transition to sustainability, energy security

ATHENS – Greece’s energy sector is a vital pillar of the transition to sustainable growth and has helped boost the EU’s energy security, European...

Name Dispute: Taking stock in Skopje after the disappointing referendum

Shockwaves continue from the low turnout in the referendum in Macedonia/FYROM, which had been hoped to approve June’s Prespes Agreement settling the Name Dispute...

Name Dispute: Referendum results wound two Balkan leaders

Zero hour has passed in the Name Dispute. Surprisingly low turnout for the September 30 referendum in Macedonia/FYROM to approve June’s Prespes Agreement settling the...

Hamburg highlights wind energy role in fighting climate change

HAMBURG – Cross-boarder electricity interconnections are vital for Europe to achieve its climate and energy goals and integrate more renewables into energy markets but...

Zero hour for Name Dispute

In the run-up to Macedonia/FYROM’s referendum on settling its three-decade-old Name Dispute with neighbouring Greece, the rival parties involved in the vote made impassioned...

Cyprus-Egypt pipeline deal may facilitate LNG gas exports to EU

Cyprus and Egypt have signed an agreement for the construction of an underwater pipeline to export natural gas to Egypt. Cyprus’ Energy Minister Yiorgos...

Name Dispute: Parade of stars to Skopje continues as referendum approaches

A wave of important visitors before the September 30 referendum on the Prespes Agreement -- which aims to settle the Name Dispute between Greece...

Russia’s ‘western route’ to China may jeopardise Gazprom’s supplies to Europe

The Power of Siberia gas pipeline is scheduled to start on December 20, 2019, transporting gas supplies to China from the Russian Far East...

Name Dispute: Leaders line up to support “Yes” vote in September 30 referendum

A flood of important visitors has hit Skopje, and this is continuing, clearly part of a coordinated work program to “save the referendum” by...

Despite EU measures, US sanctions against Iran to drive oil prices higher

Oil prices are likely to rise as traders worry that US sanctions against major oil producer Iran will lead to a tighter market towards...

Greece’s Thessaloniki International Fair focuses on the American factor

The Thessaloniki International Fair (TIF) has for 83 years marked the traditional high point of the Greek economic calendar and forms the venue for...

WikiLeaks revelations propel Name Dispute issue back to center stage

The Prespes Agreement - the latest attempt to end the quarter-century-long Name Dispute between Greece and its neighbour FYROM/Macedonia by renaming the latter 'the Republic of North...

EU hails California legislation to boost clean energy transition

Arnold Schwarzenegger may no longer be the governor of California, but the US' most populous state is still spearheading efforts against climate change.On the...

Merkel, Putin to discuss Nord Stream-2 and Ukraine transit

When German Chancellor Angela Merkel and Russian President Vladimir Putin meet at the Meseberg Palace outside Berlin on August 18, the two leaders will reportedly discuss...

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