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ENGLISH EDITION

ENGLISH EDITION

Tender for underground natural gas storage unit off Kavala seen in summer

A move that is the first step in launching the tender for the concession of the facility, one of the many links in the ambitious plan to turn northern Greece into a strong regional energy hub, along with the Alexandroupolis FSRU and the TAP, IGB pipelines. In the underground infrastructure, it will be possible to store, in exchange for a price, of course, natural gas for a long time, a possibility that does not exist today in Greece, despite this being provided in many other European countries.
ENGLISH EDITION

Record year set for 2020 with new loans seen above 15 bln euros

According to the Bank of Greece data, the net flow of business financing amounted to 1.86 billion euros in March, compared with a positive net flow of 462 million euros in February, with the annual rate of change increasing to 3.6 percent from 1.4 percent. Businesses in a healthy financial position and with a good credit profile rushed to boost their liquidity, by drawing liquidity from lenders. Additionally, banks have extended loan limits to healthy businesses to shield them from the effects of the crisis.