Kostis Hatzidakis

Greece-UAE Broader Strategic Cooperation Forum in Athens on Wednesday

A working meeting of the Greece-UAE Broader Strategic Cooperation Forum will be held in Athens on 19 February following Prime Minister Kyriakos Mitsotakis' visit to UAE.

Mitsotakis will meet on Wednesday morning with the head of the delegation, State Minister of UAE Sultan Al Jaber, at the Maximos Mansion.

Greece to launch sale of power distribution operator in September

Greece will kick off the sale of a minority stake in power distribution operator HEDNO in September, Energy Minister Kostis Hatzidakis said on Friday.

Speaking on the sidelines of the signing of a loan agreement between the European Investment Bank (EIB) and PPC, Hatzidakis told reporters that the sale process for a 49% stake will begin in September.

Greece eyes grid capacity growth as investors flock to country's RES market

Domestic and foreign interest in Greece's renewable energy sources (RES), mainly solar and wind energy, has soared in the last 12 months, with the state working toward creating more capacity in the national grid to accommodate more investments and meet environmental target, according to local officials and experts.

Larco miners protest selloff plans with Athens rally

Hundreds of miners gathered outside Parliament in downtown Athens on Saturday to protest plans to liquidate and sell state-owned ferronickel production firm Larco. The European Commission in November said that it was taking Greece to the European Court of Justice over its failure to recover 135.8 million euros of illegal state aid to the company.

River diversion project gets green light to go ahead

A contentious project aimed at diverting Greece's second-longest river, the Acheloos, from western Greece to the heavily farmed Plain of Thessaly, will go ahead after all, it was decided on Saturday following a meeting of State Minister Giorgos Gerapetritis and the head of Parliament's public administration committee Maximos Harakopoulos.

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