Approval by the EU Commission on Tuesday for the adoption of an independently evaluated Green Bond framework clears another hurdle towards the issuance of up to 250 billion euros in “green bonds, or roughly 30 percent of NextGenerationEU’s total issuance.
According to the Commission’s planning, the idea is to provide confidence to investors that allocated funding will be funneled to “green projects” and that the Commission will report on its environmental impact.
The development caused positive ripples in Athens, as the finance ministry, in cooperation with the Public Debt Management Agency, began a study last June on the prospects of creating a framework to issue Greek state bonds, whose proceeds will be funneled towards public sector infrastructure, initiatives and programs exclusive linked directly with “green” and viable economic development.
According to ministry officials, such an inaugural “green issue” by the Greek state, of a mid-term duration, will comprise a portion of the country’s lending strategy for the coming year.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
AB Vassilopoulos Supermarket Vies for 2nd Place in Greek Market
AB Vassilopoulos hopes its focus on its private label, addition of 2-3 company supermarkets and another 50 franchises will help it surpass LIDL
Greek Youth Struggle Amidst Low Wages and Soaring Expenses
Furthermore, 52.7% of respondents attribute Greece's current significant issues to governmental failure, while another 49.1% anticipate continued economic hardship in the nation's future
S&P Raises Greece Outlook to ‘Positive’; Rating Unchanged
The same international ratings agency in October 2023 raised the country’s creditworthiness to BBB- with a stable outlook
Number of Turkish Visitors to Greek Islands up 10-Fold After 7-Day Express Visa
More than 20,000 Turkish tourists flocked to the eastern Aegean isles during a nine-day religious period in the neighboring country
Greece to Protect 198 ‘Untouchable Beaches’
These beaches, numbering 198 across the country, fall within the Natura 2000 network and will be off-limits for concession and, by extension, for the placement of umbrellas, sunbeds, etc.
BoG: Feb. Current Account Deficit up by 1.8bln
At current prices, exports dropped by 10.3% (‑10.7% at constant prices) and imports grew by 5.7% (9.4% at constant prices).
Greece Becoming a ‘Refuge’ for German Pensioners
The government's policies to attract foreign property buyers to boot the economy is working, reports German newspaper Handelsblatt
Iran Activates Air Defense System- Reports of Attack by Israel
An Iranian official said explosions reported by Iran's media were the result of the activation of the country's air defense system, yet media reports attribute them to a drone attack by Israel
Poll: Greeks, EU Citizens Eager to Vote in European Elections
EU citizens are eager to vote in the upcoming elections for the European Parliament in June, with eight in 10 saying the current geopolitical situation makes voting imperative
Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13
The Greek PM himself made the announcement from Brussels on Thursday, while he also responded to a question on Athens' intent to create a marine park in the central Aegean, an environmental initiative
![Φυσικό αέριο: Γιατί είναι δύσκολη η απεξάρτηση από τη Ρωσία – Τα εμπόδια [Χάρτης]](https://www.ot.gr/wp-content/uploads/2022/07/gas-1-1-90x90.jpg)
![Αθλητικά υποδήματα: Nike, Adidas και Puma στο σπριντ για τα 2,5 δισ. [γραφημα]](https://www.ot.gr/wp-content/uploads/2024/04/ot_athletic_ceos-600x352.png)
![Φυσικό αέριο: Γιατί είναι δύσκολη η απεξάρτηση από τη Ρωσία – Τα εμπόδια [Χάρτης]](https://www.ot.gr/wp-content/uploads/2022/07/gas-1-1-600x389.jpg)
