Wednesday September 3, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
PM hails choice of TAP as 'putting Greece on pipeline map' [UPDATE]

Prime Minister Antonis Samaras on Friday hailed the announcement that the Trans Adriatic Pipeline for natural gas (TAP) had been chosen to carry Azeri gas to Europe via Greece, noting that the move put the country "on the pipeline map" and would put a stop to talk of a possible Greek exit from the euro zone.

In a statement released from Brussels, where he was attending an EU summit on fighting unemployment, Samaras described the TAP project as one of the biggest in Europe of the past 20 years and the biggest ever in southern Europe, noting that it represented 1.5 billion euros in direct investment to Greece alone. The project would lead to the direct creation of 2,000 jobs in Greece over the next few years and the indirect creation of another 10,000, he added.

The decision to choose TAP, which will carry gas to Europe via Greece, constituted a "vote of confidence" in the country and would now put a definitive end to "disaster scenarios" about a possible Greek exit from the euro zone, Samaras added. "Who would put so much money into a country that is economically, socially and politically dangerous?" Samaras said.

The development boosted Greece's geopolitical significance and transformed the country into an "energy hub" that will attract new investments and businesses, he said.

The premier called on the EU too back efforts by member states to develop their own natural resources, saying that Greece could produce and export its own energy.

The news of the TAP deal, Samaras concluded, was "the most significant positive economic development regarding our country in the past 10 years."

The consortium developing Azerbaijan's Shah Deniz gas field chose TAP over the rival Nabucco West project, Gordon Birrell, BP's Regional President for Azerbaijan, Georgia and Turkey said on Friday.

Welcoming the TAP deal, European Commission President Jose Manuel Barroso described it as a "shared success for Europe and a milestone in strengthening the energy security of our Union."

ekathimerini.com , Friday June 28, 2013 (09:51)  
Helexpo sell-off plan to be ready by mid-October
Maniatis talks energy with Washingtons man in Athens
Task force to examine cases of extreme taxation, customs issues
Hotels hike prices by 10 pct in H1 of 2014
Report points to suspicious clinic charges to EOPYY
A quarter of all the expenses submitted last year by private health clinics to EOPYY, the countrys largest healthcare provider, have been deemed suspicious and in need of further investigat...
New rector seeks to introduce ID checks at University of Athens
One day after his swearing-in ceremony was marred by protests against budget cuts and the expulsion of thousands of so-called eternal students, the new rector at the University of Athens, Th...
Inside News
Grateful Saviola thanks Olympiakos, joins Verona
Former Argentina international Javier Saviola has thanked Greek champions Olympiakos for the "beautiful moments" during his season-long stint in Greece as he left the club to join Serie A ou...
SOCCER
Greece defender Papadopoulos fires parting shot at Michel
International defender Avraam Papadopoulos suddenly quit Olympiakos on Monday to join Turkish club Trabzonspor, and fired a parting shot at Olympiakos manager Michel putting the blame on the...
Inside Sports
COMMENTARY
Politicized archaeology
Let us suppose that archaeologists discover that the tomb uncovered in Amphipolis was not the resting place of Roxana or Nearchos, but of Alexander the Great. Let us assume, that is, that ar...
EDITORIAL
Moderating expectations
Politics is, to a great extent, all about managing expectations, and anyone who raises that bar too high or too fast is at serious risk of disappointing and losing the peoples favor. In a c...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Helexpo sell-off plan to be ready by mid-October
2. Maniatis talks energy with Washingtons man in Athens
3. Task force to examine cases of extreme taxation, customs issues
4. Hotels hike prices by 10 pct in H1 of 2014
5. Pension system nears breaking point
6. Report points to suspicious clinic charges to EOPYY
more news
Today
This Week
1. Politicized archaeology
2. Rain and storms with hail expected in many parts of Greece
3. Reforms to dominate Greek talks in Paris, debt relief talks later, says source
4. New committee formed to assess progress of deregulation in closed-shop professions
5. Moderating expectations
6. Greece needs private debt overhaul, Piraeus Bank CEO says
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. The battle against progress
3. Strong undersea quake occurs off island of Milos, felt in Athens
4. Hardouvelis, ECB executive discuss bank program, stress tests
5. Greek quest for debt relief faces hurdles in Paris
6. Prospect of Greek grand prix back on the agenda; huge investment needed
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.