Europe

EBRD signs first project under Greek Renewable Energy Framework – The Financial – 27/07/2017

The EBRD has signed the first project under its new framework for renewable energy in Greece by subscribing to €28.3 million in bonds issued by Hellenic Petroleum, an energy company which is diversifying its activities into the area of renewables.

Source:  The Financial, 2017/07/27

By |July 27th, 2017|Categories: News|Tags: , , , |

Greek Bond Sale Is Said to Be Delayed by IMF Debt Cap Rule – Bloomberg – 18/07/2017

Greece’s much anticipated return to bond markets this week has been held off partly due to a ceiling set by the International Monetary Fund on the amount of debt the country can hold, according to three officials familiar with the matter who asked not to be identified as the talks are confidential.

Source:  Bloomberg, 2017/07/18

By |July 20th, 2017|Categories: News|Tags: , , , |

Greece aims to sell bonds for first time since 2014 – FT – 17/07/2017

Greece is looking to sell government bonds for the first time in three years in the latest sign of investor willingness to forget the past problems of former pariah sovereign borrowers.

Source:  FT, 2017/07/17

By |July 20th, 2017|Categories: News|Tags: , , , |

Swedish Banks Start Adding Risk Weights to Government Bonds – Bloomberg – 16/07/2017

Regulations have historically implied that government bonds are risk-free. But Greece’s near-death experience quickly made a mockery of that assertion. Now, Sweden is taking the next step and banks in the country are starting to assign risk weights bigger than zero to the government bonds on their balance sheets.

Source:  Bloomberg, 2017/07/16

By |July 20th, 2017|Categories: News|Tags: , , , |

Poland’s cherry picking of EU energy rules makes no sense – Euractiv – 19/07/2017

When it comes to EU energy policy, Warsaw does not always adhere to the letter and the spirit of EU law and tends to select rules a la carte, adapting them to Poland’s narrowly-defined interests, writes Danila Bochkarev.

Source:  Euractiv, 2017/07/19

By |July 20th, 2017|Categories: News|Tags: , , , |

The world’s biggest economies spent four times as much on fossil fuels than on clean energy – Grist – 06/07/2017

The G20 (the richest countries on the planet) invested mostly in polluting energy between 2013 and 2015, according to a new analysis from a handful of environmental organizations.

Source:  Grist, 2017/07/06

By |July 6th, 2017|Categories: News|Tags: , , , , , |

The harder the Brexit, the worse the climate impact, study warns – The Irish Times – 06/07/2017

Institute of International and European Affairs report shows climate damage of Brexit

Source:  The Irish Times, 2017/07/06

By |July 6th, 2017|Categories: News|Tags: , , , |

Draghi Signals Greek Debt Measures Not Enough for QE Inclusion – Bloomberg – 26/06/2017

ECB President sees ‘serious concerns’ over debt sustainability Lack of clarity de facto closes door to Greek bond purchases

Source:  Bloomberg, 2017/06/26

By |June 29th, 2017|Categories: News|Tags: , , , |

Europe’s Next Housing Boom Raises Red Flags in Ex-Communist East – Bloomberg – 22/06/2017

Czech, Slovak central banks raise capital buffers to stem risk. Other markets in region seen at lower risk of overheating.

Source:  Bloomberg, 2017/06/22

By |June 22nd, 2017|Categories: News|Tags: , , |

Europe’s Unserious Plan for Greece – Bloomberg – 21/06/2017

The deal struck last week between Greece and its euro-zone creditors is business as usual -- and that’s not a good thing. This protracted game of “extend and pretend” serves nobody’s long-term interests: not those of the Greek government, the International Monetary Fund or, most of all, the people of Greece.

Source:  Bloomberg, 2017/06/21

By |June 22nd, 2017|Categories: News|Tags: , , , |