Friday May 29, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Energy tops talks agenda between Azeris and Greeks

Greek Prime Minister Antonis Samaras (r) and Greece's Deputy Prime Minister and Minister of Foreign Affairs Evangelos Venizelos (l) welcome Azerbaijan's President Ilham Aliyev (c), before a meeting at the Maximos Mansion in Athens, Monday.

Prime Minister Antonis Samaras and visiting Azeri President Ilham Aliyev on Monday discussed two major investments that promise to draw much-needed revenue – the privatization of Greece’s gas transmission network (DESFA) and the construction of the Trans Adriatic Gas Pipeline (TAP), that would cross Greece.

At a meeting of Greek and Azeri entrepreneurs in Athens, both leaders emphasized the deepening of bilateral relations and the prospects for economic cooperation. Noting that the two countries “have grown very close recently,” Samaras pointed to prospects “beyond energy,” mentioning trade, tourism and agriculture as potential areas for cooperation. Samaras described Azerbaijan as a leading player in the Caucus region and Greece as a “gateway” for energy, trade and tourism from Asia to Europe. Aliyev, for his part, hailed Greece as a “strong player in the region and a long-term partner,” adding that TAP was not just an energy project but a way to “bring our relations to a higher level.”

According to sources, Aliyev’s talks with Samaras and other top officials on Monday focused on the progress of the two projects, particularly that of the DESFA sell-off, which has been delayed for a year due to objections by the European Commission’s competition authorities. Greek officials conveyed to their Azeri counterparts the EC’s reassurances that the project will be completed in the fall, the sources said. The fact that Greece’s energy regulator, RAE, recently provided officials in Brussels with details confirming DESFA’s compliance with EU competition laws is believed to have removed the final obstacles to the transfer of the state’s 66 percent stake in DESFA to Azeri state energy company Socar.

Socar is also involved in the much-vaunted TAP – a European drive to create an alternative to Russian gas imports. TAP involves Greece, Italy and Albania, which early last year signed a deal foreseeing the construction of a pipeline to deliver Caspian natural gas to the European Union.

At a working lunch, Greek and Azeri officials discussed a series of practical problems holding up the pipeline project, including objections by residents in Kavala and Serres in northern Greece, and in Apulia, southern Italy. Greek officials expressed confidence that they could overcome local objections so that building can progress smoothly on the Greek section of the project.

The visit to Athens by Aliyev, who also met his Greek counterpart Karolos Papoulias, PASOK leader Evangelos Venizelos and other top government officials, came just a few days before another, equally significant, arrival.

Chinese Premier Li Keqiang is due in Athens on Thursday for what authorities hope will mark the beginning of a boost in bilateral trade relations with several investments expected to be signed. Li is expected to stress Beijing’s interest in the Piraeus and Thessaloniki port authorities, Athens International Airport, Trainose, which is the operating arm of the Hellenic Railways Organization (OSE), and other state-controlled assets that are slated for privatization.

ekathimerini.com , Monday June 16, 2014 (20:07)  
PM speaks to Merkel, Hollande as lenders increase pressure
To Potami and PASOK poised to support deal
Greek, Iranian diplomats eye closer ties, energy cooperation
Civil aviation strike on Sunday, Monday unlikely to affect flights
Hoteliers seek VAT solutions
The Association of Hellenic Tourism Enterprises (SETE) is trying to help Greek hoteliers overcome the impasse they have come to with foreign tour operators regarding the signing of contracts...
Chaos in the system for tax declarations
Few taxpayers or even accountants have any idea of what is going on with tax declarations this year, as poor handling by the General Secretariat for Public Revenues, confusion in the Finance...
Inside Business
SOCCER
Panathinaikos conquers PAOK through Tavlaridis goal
A Stathis Tavlaridis goal has brought Panathinaikos to practically within one point from clinching a spot in next season’s Champions League qualifiers, as the Greens made it three out of thr...
SOCCER
AEK Athens returns to top league after financial collapse
Greek club AEK Athens has just returned to the country's top soccer league, two years after financial collapse sent it to a lower league. One of the country's largest clubs, AEK sealed its s...
Inside Sports
COMMENTARY
FIFA and fair play
Greeks must be among the less excited observers of the ferocious crackdown on the highest echelons of global soccer’s administrative body, FIFA: from the lowest leagues to our top teams, fro...
COMMENTARY
Greece´s Cuban pathway to a parallel currency
The idea of a parallel currency for Greece is worthy of consideration, with even German Finance Minister Wolfgang Schaeuble broaching the possibility as Greece fails to reach an agreement wi...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Hoteliers seek VAT solutions
2. Chaos in the system for tax declarations
3. Lenders’ first-quarter data suffer from NPL expansion
4. Regional airport concession deal ‘to be sealed soon’
5. PM speaks to Merkel, Hollande as lenders increase pressure
6. To Potami and PASOK poised to support deal
more news
Today
This Week
1. Endless confusion and worry
2. G-7 weighs in on Greece as Tsipras government told to be serious
3. ECB's Nowotny says no to loosening funding for Greece now
4. Lagarde says still much work to do in Greek debt talks
5. Greek bank losses show predicament amid record outflows
6. Following up on a positive step
Today
This Week
1. Hotel contracts with a ‘Greek default clause’
2. Neither Grexit nor a dual currency will solve Greece’s problems
3. Some 300 mln left banks on Tuesday
4. No more 'quick and dirty' fixes for Greece
5. Romantic notions meet reality
6. Tsipras faces down radicals within SYRIZA over terms of deal
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.