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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...
Strengthening Energy Ties – Romanian Section of the Power Line to Serbia Commissioned
At the beginning of the year, a meeting was held in Athens between the energy ministers of Romania and Serbia to discuss opportunities for enhancing cooperation in the energy sector. The discussions...
Diversification of Energy Sources: North Macedonia Turns to Azerbaijan
North Macedonia has signed an agreement with the State Oil Company of the Republic of Azerbaijan (SOCAR) to enhance its energy security. The partnership, formalized through a Memorandum of Understanding on cooperation...
Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs
In the first half of 2024, average household electricity prices in the EU recorded a small rise compared with the second half of 2023, from 28.3 euros per 100 kWh to 28.9...
Europe’s Wind Supply Chain Continues Ramp Up to Meet EU Targets
On 15 October MEPs Barry Andrews, Annalisa Corrado and Bart Groothuis and EU Commission officials from DGs GROW and MARE joined WindEurope to visit Sif’s new monopile factory and Eneco’s new coastal...
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...
