Friday April 18, 2014 Search
Weather | Athens
17o C
11o 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)  
PPC to issue corporate bond of 500 mln
Primary surplus continued by end-March
Eurobank eyes top Core Tier 1 level in Greece
Tourist spending up 17.3 pct
Greece offers to help find Turkish F-16 lost in 1996
Greece officially offered on Thursday to assist Turkey in its efforts to locate and salvage a Turkish Air Force fighter jet which crashed in the Aegean almost 20 years ago. Greek Defense Min...
Talks lined up in wake of ‘shameful’ soccer scenes
The government has pledged to meet with soccer officials after Easter to tackle unruliness in the game following wild scenes at the Greek Cup semifinal between PAOK and Olympiakos in Thessal...
Inside News
BASKETBALL
Former Red Bourousis wrecks Olympiakos´s hopes for a break
Olympiakos tried harder in Game 2 of the Euroleague play-offs in Spain, and Real Madrid was not as good on Thursday as in Game 1, but the Spaniards still emerged victorious on the night with...
SOCCER
Greek soccer turns fishier than ever
Soccer in Greece reached new lows in scenes unseen since the national team’s triumph in Euro 2004, as PAOK and Olympiakos served up a cup semifinal with PAOK emerging as the winner and the s...
Inside Sports
COMMENTARY
The placebo effect and the economy
Among the greatest mistakes made in the years of Greece’s hard landing is that citizens did not get the chance to sense that aside from austerity and pain the economic adjustment program als...
COMMENTARY
Ukraine is a crisis—but not a Cold War
Given Russia’s annexation of Crimea, the imposition of US and European sanctions, and the potential for more escalation in Ukraine, we are witnessing the most important geopolitical events s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Former Red Bourousis wrecks Olympiakos´s hopes for a break
2. PPC to issue corporate bond of 500 mln
3. Greece offers to help find Turkish F-16 lost in 1996
4. Primary surplus continued by end-March
5. Eurobank eyes top Core Tier 1 level in Greece
6. Tourist spending up 17.3 pct
more news
Today
This Week
1. Greece startup leaders say they can’t break jobless cycle alone
2. Ground-breaking Good Friday mass signals thaw in Cyprus
3. Mayoral candidates clash over Athens mosque plans
4. Seven arrested over Toumba violence
5. National Bank of Greece plans senior unsecured bond sale
6. Greek current account deficit widens in February
Today
This Week
1. Bomb explodes outside Bank of Greece
2. Samaras sees no need for third bailout
3. CCTV footage from Nigrita Prison shows signs of inmate torture [Video]
4. Car bomb explodes outside Greek Central Bank building, no one hurt [Update]
5. Greece's market return mirrors return of tourists
6. Parties start announcing candidates for European Parliament elections
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.