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The Role of Turkey As Energy Hub in the Greek REPEC
Munich Personal RePEc Archive The role of Greece and Turkey as energy hubs in the region Ketenci, Natalya Yeditepe University 2017 Online at https://mpra.ub.uni-muenchen.de/83862/ MPRA Paper No. 83862, posted 11 Jan 2018 15:20 UTC The role of Greece and Turkey as energy hubs in the region. Dr. Natalya Ketenci Yeditepe University Abstract The Greek-Turkish relations have been complex in different aspects for a long time. However, neighborhood makes these countries close to each other in political, military and economic terms. Geopolitical location of Turkey makes it strategically important for Greece. Despite of the economic crisis in Greece bilateral trade between these two countries almost doubled for the last five years. Energy and minerals are significant part of this trade and it is expected that natural gas will be one of the most important determinants of the bilateral trade. The energy products trade is two sided and creates strategic meaning for both countries. This chapter analyzes energy markets in Greece and Turkey separately and the Greek-Turkish relations in terms of energy. Completed natural gas pipeline of 296 km connects Turkey and Greece and delivers natural gas of Azerbaijan to Europe. There are several planned or under construction projects that connect Turkey and Greece. Impact of Turkey and Greece as energy hubs on the Greek-Turkish relations and various possibilities for the future cooperation at the energy market are discussed in this chapter. 1 Energy – economic growth relationships The Energy Union is the European Union’s (EU) long-term project, which consists of five targeting dimensions. -
Greek Energy Directory 2 0 1 6
) ENERGIA•gr Greek Energy Directory 2 0 1 6 t n e m Business The Oil Sector Natural Gas The Electricity SectorRenewable EnergyEnergy Sources Efficiency &The Co Genera2on Legal FrameworkResearch & DevelopDirectory TERNA ENERGY is a major player in the Renewable Energy Market and specifically in the development of Wind Parks, in Hydroelectric Projects, Solar Energy Plants as well as Waste to Energy and Biomass Projects, with presence in Greece, Europe and the USA. The total installed capacity of the Group accounts for 664 MW: 394 MW in Greece, 138 MW in the USA, 102 MW in Poland and 30 MW in Bulgaria, while 274 more MW are currently under development in Greece and abroad. Overall, the company operates, is constructing or has fully licensed 938 MW of RES installations in Europe and the USA. The company is targeting to reach almost 1,000 MW of RES projects in operation in all countries where it is active, over the following years. T A B L E O F C O N T E N T S Publisher’s Foreword 9 Preface by the Minister of Environment and Energy, Mr. PANOS SKOURLETIS M.P. 11 1. An introduction to Greece’s Energy Sector by COSTIS STAMBOLIS, Execu=ve Director, IENE and Managing Editor of Energia.gr 14 2. The Oil Sector Overview of Greece’s Oil Sector by COSTIS STAMBOLIS 40 Hellenic Petroleum, A Market Leader in SE Europe by GRIGORIS STERGIOULIS, CEO, HELPE 49 Hydrocarbon E &P sector: When the Vision Becomes a Reality by Professor SOFIA STAMATAKI, ex - Chairman, Hellenic Hydrocarbons Managements Company (ΕΔΕΥ) 53 A New Era for Greece’s Upstream Sector by MATHIOS RIGAS, CEO, Energean Oil & Gas 61 Greece’s Oil Retail Market by DIMITRIS MEZARTASOGLOU, Research Associate, IENE 67 3. -
AXIA Research
Greece Outlook 2019: The year of the elections AXIA Research Table of Contents Start of a new era ......................................................................................................... 3 Early elections or at the end of the government’s term? ....................................................................... 3 Unexciting economic performance, while fiscal space shrinks without pro-growth ........................................... 4 Elections is the key catalyst for the markets .................................................................................... 5 Top picks ......................................................................................................................... 5 2019, the year of the elections ......................................................................................... 6 The day after the Prespa Agreement ......................................................................................................................................... 6 Timing of elections: May vs. September/October ...................................................................................................................... 7 Looking at recent polls ............................................................................................................................................................... 9 Strategies by Syriza and ND ahead and after the elections ...................................................... 13 Syriza to try to close the gap with ND as is already regrouping -
The British School at Athens Strategic Plan for Research 2015-2020
THE BRITISH SCHOOL AT ATHENS STRATEGIC PLAN FOR RESEARCH 2015-2020 The British School at Athens is the United Kingdom’s hub for advanced research in the humanities and social sciences in Greece and its wider Balkan, Levantine, Mediterranean, and European contexts. The School conducts, enables and promotes research of international excellence, exploring the impact of Hellenism worldwide. Its projects make significant original contributions to knowledge and offer long-term perspectives on contemporary questions. The School will exploit its historical presence and strategic location on the borders of a Europe undergoing major economic, social and political change to present academics and policy makers with research which gives a long view of the different forms of integration and connection which have played out across the region, and of their social consequences. The wider reach of Hellenism and the products of Anglo-Hellenic cultural engagement are explored from comparative perspectives, contributing to the dialogue of cultural diplomacy which is essential to effective UK engagement in the region. This plan introduces major new projects; projects which connect past and present research to advance current debate; and projects which give a new relevance to the School’s legacy data. The School’s work is characterized by innovation: the methodologies developed and data obtained in turn inspire and sustain new generations of researchers. Creative and effective use of our archive, collections and legacy data is a priority. Our strategic objectives are pursued via six interdisciplinary research themes which promote broad inter- regional and diachronic comparisons: Battle Lines: World War 1 and the Macedonia Front (pp.2-3); Modernity and the Arts (pp.3-5); Connecting the Mediterranean: Crossing Borders, Defining Regions (pp.5-9); Shaping the Mediterranean City (pp.9-12); Materials, Technologies and Innovation (pp.12-13); and Building the Archive (pp.13-15). -
Piraeus Bank Greek Government Bond Index
Greek Fixed Income Monitor: Greek Government Bonds: Closer to Investment Grade after the S&P Upgrade. Ilias Lekkos [email protected] Dimitria Rotsika [email protected] Economic Research & Investment Strategy Haris Giannakidis [email protected] April 2021 Paraskevi Vlachou [email protected] BLOOMBERG TICKERS Piraeus Bank Government Bond Index: {PBGGGSBI Index<GO>} Weighted Average Yield: {PBGGGWAY Index<GO>} Piraeus Bank Government Bond Index : {PBGGGCBI Index<GO>} Weighted Average Yield : {PBGGIWAY Index<GO>} Agenda 1 Μηνιαία Επισκόπηση / Monthly Commentary 2 Piraeus Bank Greek Government Bond Index 3 GGB – spreads: Fair value & Risk assessment 4 Piraeus Bank Greek Corporate Bond Index 5 Financial Analysis of Members of Piraeus Bank Corporate Index 2 Μηνιαία Επισκόπηση: Απρίλιος 2021 Οριακές απώλειες τον Απρίλιο για τα κρατικά ομόλογα με τις μεγαλύτερες αυξήσεις στα επιτόκια να παρατηρούνται στις μακροπρόθεσμες λήξεις της καμπύλης. Συγκεκριμένα, ο Δείκτης Κρατικών Ομολόγων κατέγραψε μείωση της τάξης του -0.46% τον Απρίλιο στις 684 μονάδες. Η μεσοσταθμική απόδοση του δείκτη, αν και ελάχιστα υψηλότερη σε σχέση με τις αρχές του 2021, παραμένει σε χαμηλά επίπεδα σηματοδοτώντας ότι η ζήτηση στην ελληνική αγορά ομολόγων παραμένει δυνατή. Ενδεικτικό της ζήτησης είναι και η έκδοση του 5ετούς ομολόγου με μηδενικό κουπόνι η οποία υπερκαλύφθηκε κατά 6.7 φορές του ποσού έκδοσης των €3 δις ενώ πάνω από 80% της έκδοσης διακρατείται από μακροπρόθεσμού επενδυτές. Παρά το γεγονός ότι το ποσό των €12 δις από το πρόγραμμα δανεισμού του 2021 έχει ήδη καλυφθεί, το επόμενο διάστημα και επιπρόσθετα του 5ετούς ομολόγου αναμένεται να υπάρξουν και νέες εκδόσεις πιθανότατα με την μορφή επανέκδοσης. Ώθηση στην αγορά ομολόγων δόθηκε και από την μη αναμενόμενη αύξηση κατά μια βαθμίδα της πιστοληπτικής αξιολόγησης της χώρας σε ΒΒ από τον οίκο S&P χωρίς ωστόσο να καταγραφεί μείωση στις αποδόσεις των κρατικών ομολόγων. -
GREECE 2006 Review INTERNATIONAL ENERGY AGENCY
INTERNATIONAL ENERGY AGENCY Energy Policies of IEA Countries Warning: Please note that this PDF is subject to specific restrictions that limit its use and distribution. The terms and conditions are available online at www.iea.org/w/bookshop/pricing.html GREECE 2006 Review INTERNATIONAL ENERGY AGENCY The International Energy Agency (IEA) is an autonomous body which was established in November 1974 within the framework of the Organisation for Economic Co-operation and Development (OECD) to implement an international energy programme. It carries out a comprehensive programme of energy co-operation among twenty-six of the OECD’s thirty member countries. The basic aims of the IEA are: • to maintain and improve systems for coping with oil supply disruptions; • to promote rational energy policies in a global context through co-operative relations with non-member countries, industry and international organisations; • to operate a permanent information system on the international oil market; • to improve the world’s energy supply and demand structure by developing alternative energy sources and increasing the efficiency of energy use; • to assist in the integration of environmental and energy policies. The IEA member countries are: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Japan, the Republic of Korea, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom, the United States. The European Commission takes part in the work of the IEA. ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT The OECD is a unique forum where the governments of thirty democracies work together to address the economic, social and environmental challenges of globalisation. -
Agricultural Land Or Photovoltaic Parks? the Water–Energy– Food Nexus and Land Development Perspectives in the Thessaly Plain, Greece
sustainability Article Agricultural Land or Photovoltaic Parks? The Water–Energy– Food Nexus and Land Development Perspectives in the Thessaly Plain, Greece G.-Fivos Sargentis * , Paraskevi Siamparina, Georgia-Konstantina Sakki, Andreas Efstratiadis , Michalis Chiotinis and Demetris Koutsoyiannis Laboratory of Hydrology and Water Resources Development, School of Civil Engineering, National Technical University of Athens, Heroon Polytechneiou 9, 157 80 Zographou, Greece; [email protected] (P.S.); [email protected] (G.-K.S.); [email protected] (A.E.); [email protected] (M.C.); [email protected] (D.K.) * Correspondence: fi[email protected] Abstract: Water, energy, land, and food are vital elements with multiple interactions. In this context, the concept of a water–energy–food (WEF) nexus was manifested as a natural resource management approach, aiming at promoting sustainable development at the international, national, or local level and eliminating the negative effects that result from the use of each of the four resources against the other three. At the same time, the transition to green energy through the application of renewable Citation: Sargentis, G.-F.; energy technologies is changing and perplexing the relationships between the constituent elements Siamparina, P.; Sakki, G.-K.; Efstratiadis, A.; Chiotinis, M.; of the nexus, introducing new conflicts, particularly related to land use for energy production vs. Koutsoyiannis, D. Agricultural Land food. Specifically, one of the most widespread “green” technologies is photovoltaic (PV) solar energy, or Photovoltaic Parks? The now being the third foremost renewable energy source in terms of global installed capacity. However, Water–Energy–Food Nexus and Land the growing development of PV systems results in ever expanding occupation of agricultural lands, Development Perspectives in the which are most advantageous for siting PV parks. -
The Rise and Fall of the 5/42 Regiment of Evzones: a Study on National Resistance and Civil War in Greece 1941-1944
The Rise and Fall of the 5/42 Regiment of Evzones: A Study on National Resistance and Civil War in Greece 1941-1944 ARGYRIOS MAMARELIS Thesis submitted in fulfillment of the requirements for the degree of Doctor in Philosophy The European Institute London School of Economics and Political Science 2003 i UMI Number: U613346 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. Dissertation Publishing UMI U613346 Published by ProQuest LLC 2014. Copyright in the Dissertation held by the Author. Microform Edition © ProQuest LLC. All rights reserved. This work is protected against unauthorized copying under Title 17, United States Code. ProQuest LLC 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, Ml 48106-1346 9995 / 0/ -hoZ2 d X Abstract This thesis addresses a neglected dimension of Greece under German and Italian occupation and on the eve of civil war. Its contribution to the historiography of the period stems from the fact that it constitutes the first academic study of the third largest resistance organisation in Greece, the 5/42 regiment of evzones. The study of this national resistance organisation can thus extend our knowledge of the Greek resistance effort, the political relations between the main resistance groups, the conditions that led to the civil war and the domestic relevance of British policies. -
Wanaks and Related Power Terms in Mycenaean and Later Greek
2 WANAKS AND RELATED POWER TERMS IN MYCENAEAN AND LATER GREEK Thomas G Palaima There have been numerous advances in scholarship 1 (since Carlier, Royaute and 2 Palaima 1995 ) affecting the interpretation of the two lexical items (wa-na-ka = later wanaks and qa-si-re-u = later basileus) and related terms (e.g., lawagetas and e-ke-ra 2-wo) associated with the concept 'king' within Greek language and culture. Here I shall deal with them systematically under various subject headings that I hope are more than arbitrary. My main aim is to demonstrate that the most recently proposed etymologies of the term wanaks either confuse the functions of the wanaks within the Mycenaean texts for the essential meaning (and ideologi cal basis) of the word itself or are attractive as explanations for the meaning of the term, but ultimately unconvincing in accounting for its history. I argue that the essential meaning of the wanaks has to do, as in Hittite, with 'birth , begetting and fertility' and then with 'lineage'. 3 I then discuss many aspects of the attested functions of the wanaks in Mycenaean society. THE ETYMOLOGY OF WA-NA-KA, QA-SI-RE-U AND E-KE-RAi-WO: LINEAR B, HITTITE AND HOMER There are no convincing, that is, widely accepted, lndo-European etymologies of the Mycenaean terms wa-na-ka (later Greek civa~) and qa-si-re-u (later Greek I dedicate this paper to the late Kees Ruijgh whose scholarly erudition , integrity , deep human ity and generosity are sorely missed by all of us who still work at the Mycenaean texts that he understood so deeply and explicated so clearly. -
Energy Efficiency Trends and Policies in Greece
Energy Efficiency trends and policies in Greece July 2018 1 Energy Efficiency Trends and Policies in Greece Contact persons: Minas Iatridis, Centre for Renewable Energy Sources and Saving (CRES), Greece Argyro Giakoumi, Centre for Renewable Energy Sources and Saving (CRES), Greece Fotini Karamani, Centre for Renewable Energy Sources and Saving (CRES), Greece The sole responsibility for the content of this publication lies with the authors. It does not necessarily reflect the opinion of the European Communities. The European Commission is not responsible for any use that may be made of the information contained therein. 2 Energy Efficiency Trends and Policies in Greece TABLE OF CONTENT TABLE OF CONTENT .............................................................................................................................3 LIST OF FIGURES ...................................................................................................................................4 EXECUTIVE SUMMARY ..........................................................................................................................6 1. ECONOMIC AND ENERGY EFFICIENCY CONTEXT ...................................................................8 1.1. Economic context ........................................................................................................................... 8 1.2. Total Energy consumption and intensities ..................................................................................... 9 1.3. Energy efficiency policy background -
Gek Terna Societe Anonyme Holdings Real Estate Constructions
GEK TERNA SOCIETE ANONYME HOLDINGS REAL ESTATE CONSTRUCTIONS 85 Mesogeion Ave., 115 26 Athens Greece General Commercial Registry No. 253001000 (former S.A. Reg. No. 6044/06/Β/86/142) ANNUAL FINANCIAL REPORT for the period 1 January to 31 December 2017 In accordance with article 4 of L. 3556/2007 and the relevant executive Decisions by the Board of Directors of the Hellenic Capital Market Commission GEK TERNA GROUP Annual Financial Statements of the financial year 1 January 2017 - 31 December 2017 (Amounts in thousands Euro, unless otherwise stated) CONTENTS I. STATEMENTS BY MEMBERS OF THE BOARD OF DIRECTORS .............................................. 4 II. INDEPENDENT AUDITOR'S REPORT .................................................................................. 5 III. REPORT ON SEPARATE AND CONSOLIDATED FINANCIAL STATEMENTS .............................. 5 IV. ANNUAL REPORT OF THE BOARD OF DIRECTORS FOR THE FINANCIAL YEAR 2017 ............ 12 V. ANNUAL FINANCIAL STATEMENTS SEPARATE AND CONSOLIDATED OF 31 DECEMBER 2017 (1 JANUARY - 31 DECEMBER 2017) ........................................................................................ 51 STATEMENT OF FINANCIAL POSITION.................................................................................... 52 STATEMENT OF COMPREHENSIVE INCOME ........................................................................... 54 STATEMENT OF CASH FLOWS ................................................................................................ 56 STATEMENT OF CHANGES IN EQUITY ................................................................................... -
PRESS RELEASE Athens, June 11, 2021 MOTOR OIL – GEK TERNA
PRESS RELEASE Athens, June 11, 2021 MOTOR OIL – GEK TERNA Joint Venture The two Groups jointly proceed with a EUR 375 million energy investment project at the Komotini area The Groups of MOTOR OIL and GEK TERNA hereby announce their joint cooperation for the development, construction, and operation of a new modern Combined Cycle Gas Turbine (CCGT) power plant fueled with natural gas of 877 MW capacity located in the industrial area of Komotini. The EUR 375 million project is one of the largest investments in the Greek energy market set to create approximately 500 new job positions during the construction phase and 100 permanent job positions during the commercial operation of the plant. The main equipment to be used for the construction of the plant will be of the most advanced technology leading to peak performance. The construction of the power plant is scheduled to commence within the year 2021 and is expected to be commissioned for commercial operation early in the year 2024. TERNA will undertake the construction works of the plant. The two groups will participate with a 50% stake each in the joint scheme which will develop the power plant. The above agreement is subject to approval by the Competent Authorities. MOTOR OIL Group is a modern energy group with a leading role in the crude oil refining and marketing of petroleum products in Greece and the wider Eastern Mediterranean region. The Group has presence in the energy and natural gas supply sector through its subsidiary NRG Supply and Trading S.A. which is an integrated energy provider offering energy solutions to household, commercial and industrial customers.