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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...

A revived role for the US in Northern Greece requires dynamic action and focus

As a former US diplomat who served as Consul General in Thessaloniki, it’s impossible not to become a lifelong booster of the Thessaloniki International...

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...

Trump-Erdogan spat, Iran sanctions, Maduro’s Venezuela could spike oil prices

Growing tensions between the United States and Turkey, fresh US sanctions against Iran, and falling oil production in Venezuela have increased the possibility of...

Russia’s Gazprom to supply China via Power of Siberia pipeline

In an effort to strengthen Russia’s foothold in the Asia-Pacific region, Gazprom is advancing plans to supply China with gas via the Power of...

Oil prices likely to rise as US plans to officially pull out of Iran deal

US President Donald J. Trump has said the United States will pull out of a nuclear agreement with Iran and any company dealing with...

Name Dispute: A week for summitry and skullduggery

In the context of the shrill NATO-US debate over President Donald J. Trump’s demands for higher European defence spending, the situation involving the potential...

Trump vs Nord Stream-2

At an early breakfast meeting with NATO chief Jens Stoltenberg in Brussels on July 11, US President Donald J. Trump launched an attack on the...

Exxon, Total get the green light for drilling off the Greek island of Crete

ATHENS - A consortium of US oil and gas giant ExxonMobil, French energy major Total, and Greece’s Hellenic Petroleum (HELPE) has been awarded a...

Name Dispute: Prespes Agreement reaction destabilises Greek political scene

In Greece, the furore over the Prespes Agreement that was intended to resolve the Name Dispute between Greece and Macedonia/FYROM continues to grow, and...

Name Dispute: Furious reaction to Prespes Agreement expands

Strong public and political reactions have continued throughout Greece following the June 17 signature of the Prespes Agreement that was intended to resolve the...

Russia, Saudi push for OPEC oil supply increase while demand is strong

The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers are seeking a compromise as Saudi Arabia and Russia are pushing the oil cartel...

Name Dispute: Rough sailing for ratification procedures despite quick work in Skopje

The Parliament in Skopje quickly ratified the historic June 17 Prespes Agreement resolving the Name Dispute with Greece, but the required steps to get...

With the signing over, the long battle for ratifying the Name Dispute agreement begins

Greece’s ruling coalition survived a no-confidence motion on June 16, which was followed the next day with the signature of a bilateral agreement formally...

Cyprus’ Minister highlights East Med role in EU energy security

LAGONISSI, Greece – Cyprus plans to forge ahead with the country’s energy plans to explore for hydrocarbons in its Exclusive Economic Zone (EEZ) and...

Closing a new chapter in the Name Dispute

After nearly 27 years of haggling, the race to the finish line for a formal end to the Greece-Macedonia/FYROM Name Dispute kicked into full...

The wait is over. Name Dispute agreement comes together

After a delayed set of phone calls June 11 and 12, and a late June 12 intervention by UN Mediator Matthew Nimetz, the prime...

Name Dispute talks hanging in the balance

Ever since the May 28 Brussels announcement that the foreign ministers of Greece and Macedonia/FYROM had finished their work and had delivered their proposals...

Putin in Austria as OMV and Gazprom extend deal, push Nord Stream-2

Amid the buzz of Russian President Vladimir Putin’s visit to the Austrian capital of Vienna, OMV and Russia’s Gazprom signed an agreement to extend...

Name Dispute talks progress as foreign ministers produce a draft agreement

After meeting in Brussels on May 28, Greek Foreign Minister Nikos Kotzias and Macedonia/FYROM Foreign Minister Nikola Dimitrov announced they had completed work on...

Name Dispute negotiations: Doing a new tango ahead of the summer summits

Negotiations over the Greece/Macedonia/FYROM Name Dispute resumed in New York on May 24-25 following consultations in Washington by Greek Foreign Minister Nikos Kotzias earlier...

Name Dispute negotiations: Zaev’s “Ilinden Gambit” melts down in Athens and Skopje

Within 24 hours of the end of bilateral discussions on the sidelines of the EU-Western Balkans Summit in Sofia late last week, a new...

Name Dispute negotiations: Late nights, roadmaps, and summer summits

The outcome of the bilateral meeting in Sofia May 17 between Greek Prime Minister Alexis Tsipras and Macedonia/FYROM Prime Minister Zoran Zaev disappointed the...

Name Dispute negotiations: Getting closer, but is this just a matter of sequencing or is it deeper?

While the negotiations over the Greece-Macedonia/FYROM Name Dispute returned to a faster track after the visit of UN Mediator Matthew Nimetz to Athens May...

Strange bedfellows: Iran sanctions, EU posturing and volatile oil markets

Oil prices remained near three and a half year highs on May 11 as the United States plans to reintroduce sanctions against Iran after...

Name Dispute talks focus on opportunities at upcoming EU-Western Balkans Summit

With the window for a potential agreement before the upcoming EU and NATO Summits in June and July nearly closed, efforts to reach agreement...

Trump pulling out of Iran nuclear deal risks fuel oil prices

As the US Administration of President Donald J. Trump mulls new sanctions against Iran, world oil prices remained high on May 4.“Iran is exactly...

Name Dispute negotiations slowly drop off the “fast track”

With the Name Dispute negotiations off the front burner in Athens, both countries involved in the negotiations (Greece and FYROM/Macedonia) focused on other important...

Little progress on Name Dispute after “remedial diplomacy” session called by Matthew Nimetz

Filling a rare week when no bilateral meetings on the Greece-Macedonia/FYROM Name Dispute were scheduled, UN Mediator Matthew Nimetz organised a special meeting in...

Athens considers plans for July 2018 Macedonia/FYROM NATO accession unworkable

Announcing his assessment that more time is needed to complete Greece-Macedonia/FYROM Name Dispute negotiations, Greek Foreign Minister Nikos Kotzias told an Athens radio station...

Macron calls for climate and energy sovereignty

STRASBOURG – French President Emmanuel Macron said it is “essential” for the Europe Union to increase the bloc’s "climate and energy sovereignty."“We must quickly...

Limited progress reported on Name Dispute at Ohrid meeting

With only three months to go before a critical NATO summit in Bucharest that could potentially approve the admission of new members, the foreign...

Israel, Cyprus, Greece to push EastMed gas pipeline to Europe at May summit

Israeli Prime Minister Benjamin Netanyahu spoke on April 4 with Greek Prime Minister Alexis Tsipras and Cyprus President Nicos Anastasiades and “among the issues...

Not quite a week off on the Greece-Macedonia/FYROM Name Dispute

Greek Foreign Minister Nikos Kotzias spent much of the Greek Orthodox “Holy Week” briefing Greek political parties on the state of the Greece-Macedonia Name...

Saudi Arabia, Russia may extend OPEC, non-OPEC oil output deal

Plans of the Organization of the Petroleum Exporting Countries (OPEC) and other supplies, especially Russia, to possibly continue curbing oil production for the rest...

Negotiations on Greece-Macedonia/FYROM Name Dispute advance in Vienna

Despite intense ongoing diplomatic sparring with Turkey on Greece’s Aegean front, Greek Foreign Minister Nikos Kotzias was able to keep his March 29-30 Vienna...

Rebooting the Name Dispute negotiations with a symbolic Skopje visit

The visit of Greek Foreign Minister Nikos Kotzias to Skopje March 22-23 was a clear attempt to reboot the dragging 2018 cycle of the...

Oil markets nervous after Tillerson sacked, McMaster on his way out

The firing of US Secretary of State Rex Tillerson and if President Donald Trump removes H.R. McMaster as national security adviser could impact major...

US deepens engagement on Europe’s southern flank

Assistant Secretary of State for European and Eurasian Affairs Wess Mitchell continued his weeklong trip through Southeastern Europe and the Eastern Mediterranean visiting Belgrade...

Stiffening Europe’s southern flank: Washington moves to reassert itself in the Western Balkans

After a period of relative diplomatic quiescence, a senior policy-level official from the Trump Administration began a weeklong trip through Southeast Europe and the...

Trump’s White House proclaims new (and maybe negotiable) tariffs to take effect in 15 days

US President Donald J. Trump signed a tariff proclamation March 8 at the White House, including a series of carefully-crafted exemptions for NAFTA partners...

Prompted by Egypt’s Zohr find, Total-Exxon will hunt hydrocarbons off Crete

ATHENS - A French-led consortium from Total and US energy giant ExxonMobil, each with 40% stakes, as well as Hellenic Petroleum, have submitted a...

US political fireworks reach Delphi Economic Forum

The official American presence at the March 1-4 Delphi Economic Forum came close to being overshadowed by the academics, business people, and American political...

Turkish pressure throws EU East Med energy projects into limbo

DELPHI, Greece – The Turkish diplomatic and military pressure in the Aegean Sea and Eastern Mediterranean in Cyprus’ Exclusive Economic Zone (EEZ) may affect...

Foreign actors increasingly making their opinions known about the Greece-Macedonia/FYROM Name Talks

This week we heard several expressions of concern from important regional powers about the developments in the Greece-Macedonia/FYROM Name Dispute. The strategy used by...

Gas drilling, Navtex fuel Turkey-Cyprus tensions in East Med

ATHENS – The tensions between Greece and Turkey after an incident in the eastern Aegean appear to have been defused, but the standoff between...

Turmoil in and around Greece may be switching the Greece-Macedonia/FYROM Name Talks into low gear

The barrage of Greek domestic politics and this week’s almost-clashes with Turkey in the Aegean have combined to get the Greece-Macedonia/FYROM Name Dispute talks...

Germany approves Nord Stream-2 as issue over Ukrainian transit lingers

Gazprom’s Nord Stream-2 received the first construction permit from Germany last week as Berlin sees a direct pipeline from Russia as a step towards...

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