Terna

Prime Minister Kyriakos Mitsotakis mentioned the 2025 Budget at length in his regular Sunday post on the week’s report.

– Hello there! What a lovely weekend we just had—bright but chilly with the sun showing its teeth, and thankfully no rain (let’s see how long this lasts in November).

UAE Ambassador to Greece Ali Obaid Al Dhaheri highlighted the strengthening of UAE-Greece relations in the fields of finance, tourism and culture during a press conference in Athens.

"The bilateral relations between the UAE and Greece are stronger than ever, based on a shared vision for growth and prosperity," he said, adding that the UAE is keen to boost bilateral trade.

The negotiations between the GEK Terna group and investment funds of Arab interests, which are now in the driver's seat for the acquisition of Terna Energy, are on a good track, Kathimerini understands.

Athens-listed Mytilineos SA announced on Tuesday that its Renewables and Storage Development (RSD) Business Unit has been awarded a total sum of 26 megawatts for battery energy storage systems (BESS) to provide fast reserve grid services for Terna, the Italian transmission system operator.

The government has opened the way for the further privatization of the Independent Power Transmission Operator (ADMIE) through a legislative adjustment to the environmental framework, though the process itself will not start before this fall.

The Montenegro-Italy submarine power cable has been deployed under an investment that will enable Montenegro to become an energy hub for the Balkan countries, said Terna CEO Luigi Ferraris, adding that the commencement of commercial use is planned by the end of the year.

The deadline for submitting offers for the Sofia Airport concession was extended due to the great interest of the candidates in the procedure. This was announced by Minister of Transport Rossen Zhelyazkov during the Forum ''Entrepreneurship. Development. Perspectives ", which took place in Pomorie.

Buyers made a comeback at the Greek stock market on Friday, as they took the benchmark more than 1 percent higher while turnover surged above 150 million euros. The market appeared to have been expecting that Greece's credit rating would be upgraded by Standard & Poor's.

Vucic told TV Pink on Tuesday that there were four bidders, "from Switzerland, France; Indians and Greeks, Koreans, Turks and Russians" - which, according to him, speaks to the interest that exists in the airport.