State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs. The ATHEX-listed utility’s board of directors this…

A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was presented to lawmakers by Deputy Finance Minister…

Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident happened several days ago on the island…