Greece picked up kudos on Thursday for its response to the global energy crisis, in the wake of Russia’s invasion of Ukraine, by the International Energy Agency (IEA) said in a report released on Thursday.
The IEA, in a released report, commended Greece for its recent national climate legislation, which set targets to fully eliminate net greenhouse gas emissions by 2050.
Greece has made notable progress towards meeting these goals, including significantly reducing the share of lignite in its power mix, and setting a binding target to end the use of lignite for electricity generation by 2028. At the same time, Greece has taken clear steps to ensure a just transition in its lignite-mining regions, the report stated.
Despite these successes, challenges remain – fossil fuels still account for most of Greece’s energy supply and stronger efforts are needed on energy efficiency, the Agency stated.
It also noted that recommendations set out in the report will help Greece accelerate its energy transition while ensuring affordable and secure energy supplies.
Latest News
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'