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Turkey will claim larger share of Balkan gas markets

Location:

BULGARIA/TURKEY/BALKANS

Turkish state-owned utility BOTAS has a supply contract with Bulgargaz which also includes access to the Bulgarian grid. It is in position to resell Russian gas to customers in…

TurkStream’s Balkan route to Europe is not guaranteed

Location:

BALKANS

At the third attempt, Bulgarian state-owned gas network operator Bulgartransgaz has established market interest in filling a new pipeline extending the Russian-Turkish TurkStream…

Enlargement may become EU priority once again

Location:

EU

The report comes after statements by EU leaders that enlargement to the Western Balkans, Ukraine and Moldova has become a top priority. The war in Ukraine has reinvigorated the…

EU aviation liberalisation aims face challenges

Location:

EU

The European Commission's new aviation strategy.

G20 countries will adopt new corporate tax accord

Location:

INTERNATIONAL

The rulings come as the EU advances legislation to increase transparency on corporate tax rulings and after the G20 on October 9 endorsed the new OECD Base Erosion and Profit…

Cypriot bank consolidation may help reduce bad loans

Location:

CYPRUS

The move raises Hellenic Bank’s market share and considerably improves its asset quality, and followed an announcement by market leader Bank of Cyprus on August 28 that it had…

Reforms may make EU asylum system more sustainable

Location:

EU

The existing Common European Asylum System broke down amid the migration crisis, leading to the reintroduction of border controls between several states in the Schengen area. The…

Greece will bet on renewable energy

Location:

GREECE

The Greek government has pledged to phase out coal-fired generation by 2028 and to encourage investment in solar power, wind farms and green hydrogen, drawing on EU funds.

US-Cypriot warming may restart Turkish gas prospecting

Location:

CYPRUS

This is the most significant upgrade in US-Cyprus relations since the ban was imposed in 1987, and marks a definitive shift for Cyprus from Russia to the West. However, the…

TAP pipeline could reconfigure gas trade in Balkans

Location:

BALKANS

The pipeline will run from Greece's Turkish border across the Adriatic, at a cost of 45 billion dollars. It inaugurates the Southern Gas Corridor linking the EU to producers in…