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EBRD loan to support green initiatives in Bulgaria and Greece
The European Bank for Reconstruction and Development (EBRD) is providing a 60 million euros loan to Bulgaria’s ProCredit Bank to finance investments that mitigate the impacts of climate change and promote environmental...
EBRD to Invest in Lamda’s Green Bond in Greece
The European Bank for Reconstruction and Development (EBRD) has successfully participated in a green bond issued by Lamda Development in Greece, investing 20 million euros in the total 230 million euros offering.
Lamda...
Greece-Bulgaria gas interconnector operational from 1 July
The gas connection between Bulgaria and Greece will start operating on 1 July, with Bulgaria poised to receive one billion cubic meters of gas from Azerbaijan – enough to meet the country’s...
Kick-off Ceremony Held for Realization of Alexandroupolis FSRU in Greece
The kick-off ceremony for the realization of Gastrade SA's LNG FSRU facility in Alexandroupolis, Greece, was held on Tuesday, May 3, 2022, in the old Storage House of the Alexandroupolis Port Customs.
Once...
EBRD invests in Noval Property’s debut green bond in Greece
The European Bank for Reconstruction and Development (EBRD) has successfully participated in a debut green bond issuance by Noval Property in Greece, with an investment of 12 million euros of the total 120 million euros...
Greece Welcomes UNWTO Support for Sustainable Tourism Growth
The Secretary-General of the World Tourism Organization (UNWTO) paid a high-level visit to Greece to meet with the Prime Minister and Minister of Tourism and offer the United Nations’ specialized agency’s support...
Bulgaria-Greece Gas Interconnector Construction Faces Delay – Report
The start of construction on the gas interconnector between Bulgaria and Greece could be delayed by at least six months, a Bulgarian media report said on August 4.
Even though the project has...
Why Did a Greek Village Emerge from the Water?
Beneath the calm surface of Lake Mornos, near Athens, the remnants of the village of Kalio, submerged more than four decades ago, lay undisturbed until recently. Just as the village had almost...
Construction of the Gas Interconnection Between Serbia and North Macedonia
Faced with global energy challenges, the countries in the region are increasingly investing in the diversification of energy sources and supply routes, with natural gas being one of the key sources.
This is...
July Sets New Temperature Records
Extreme heat hit hundreds of millions of people throughout July, with a domino effect felt right across society. July was one of the hottest - if not the hottest - month on...
EBRD and EU to Mobilise Up to 100 Million Euros for Critical Raw Materials Investments
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint facility to provide equity investments for the exploration of critical and strategic raw materials, aiming...
United Hands Make the Planet Greener
The strength and will that a person carries inside of them is most strongly manifested in the difficult moments that life brings. The first days of the coronavirus pandemic prompted us to...
Immediate Actions Needed to Unblock Grid Capacity for More Wind Energy
The EU wants to increase its wind energy capacity from 220 GW today to 425 GW by 2030 and 1,300 GW by 2050. Wind is key to energy security, affordable electricity and...
Global Solar Installations Almost Double in 2023 But Leaves Emerging Economies in the Dark
2023’s new solar installations would cover more than half of India’s annual electricity needs or more than Brazil’s entire consumption. Compared to Europe, the annual installations would exceed the total yearly electricity...
EU prepares for the 2024 wildfire season
Summer is almost upon us. That means barbecues, beaches and ice cream, but the reality is, it also means bracing ourselves for the upcoming wildfire season.
That is why the EU has this...
Which EU Countries Have Met the Targets for Public Chargers?
The number of public chargers for electric vehicles has tripled in the previous three years in the EU. Data collated by the European Federation for Transport & Environment showed that at the...
