Thursday August 21, 2014 Search
Weather | Athens
32o C
25o 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)  
Eurozone business growth slows in July, prices fall: PMI
Merkel cites euro’s ‘construction flaws’ as economy sputters
Greek stocks post rise of 0.99 percent
Banks reject stress test concerns
Avramopoulos in US for talks with Hagel on possible Greek role in peace missions
Defense Minister Dimitris Avramopoulos arrived in Washington early on Thursday for an official visit following an invitation by his US counterpart Chuck Hagel. The two men were to meet later...
Three held on Rhodes over human trafficking accusations
Three people have been arrested on Rhodes over human trafficking accusations after they allegedly forced three Roma children to beg on the island’s streets. The parents of the three children...
Inside News
SOCCER
Greek soccer officials in refereeing probe to face prosecutor on Sept 15
Eleven soccer officials were on Wednesday given until September 15 before they have to face prosecutor Aristidis Koreas, who is investigating allegations that the draws to decide which match...
ATHLETICS
Long jumper Tsatoumas takes Greece´s second silver at European Championships
Greece won its second medal at the European Athletics Championships in Zurich, Switzerland, on Sunday with Louis Tsatoumas coming second in the long jump. Briton Greg Rutherford won the even...
Inside Sports
COMMENTARY
Self-destructing political system
It finally seemed as if we had found some peace of mind. The vast majority of Greek MPs chose to abstain from festivities on August 15, also known as Assumption Day, thus sparing us from the...
EDITORIAL
Welcome movement
Many have spoken about the need to spur economic growth in this debt-wracked country, but very few officials seem to actually be doing anything meaningful to make this happen. Recent weeks h...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Avramopoulos in US for talks with Hagel on possible Greek role in peace missions
2. Three held on Rhodes over human trafficking accusations
3. Brussels warns Greece over plans to allow construction near Korinos beach
4. Eurozone business growth slows in July, prices fall: PMI
5. Merkel cites euro’s ‘construction flaws’ as economy sputters
6. Second man held over double murder in Mani
more news
Today
This Week
1. Merkel cites euro’s ‘construction flaws’ as economy sputters
2. Second man held over double murder in Mani
3. Eurozone business growth slows in July, prices fall: PMI
4. Brussels warns Greece over plans to allow construction near Korinos beach
5. Three held on Rhodes over human trafficking accusations
6. Avramopoulos in US for talks with Hagel on possible Greek role in peace missions
Today
This Week
1. Carved sphinxes at Ancient Amphipolis tomb will not be removed
2. Canada’s fiscal adjustment has lessons for Greece
3. Treating Amphipolis with care
4. Greece to offer law on restructuring bad loans next month
5. Greece’s recession eases as country nears end to six-year slump
6. Ministry sys ‘no’ to debt collection agencies
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.