The governments of Greece and the USA have taken a step towards strengthening energy cooperation and security, by signing a Memorandum of Understanding, which sets the framework for joint actions on energy issues in the Western Balkans.
The Memorandum of Understanding aims to promote the Greece-US Strategic Dialogue and is part of the cooperation between the Greek Ministry of Foreign Affairs and USAID.
On the Greek side, the Memorandum was signed by the Secretary General of International Economic Relations and External Affairs of the Ministry of Foreign Affairs, Myra Myrogianni, and the Secretary General of Energy and Mineral Raw Materials of the Ministry of Environment and Energy, Aristotelis Aivaliotis. On the US side, Ambassador Erin Elizabeth McKee signed on behalf of the Office for Europe and Eurasia of the US Agency for International Development (USAID).
The role of Greece in the Western Balkans
At the start of the ceremony, Ms. Myrogianni underlined the importance of energy cooperation as a key factor in promoting regional integration and security in the Western Balkans region, where Greece plays an important role, as this was also discussed during the 4th Strategic Greece-US Dialogue in February 2023. With this Memorandum, the Secretary General stressed, it will facilitate the creation of a more efficient, sustainable and interconnected electricity market between Greece and its neighbors, thus enhancing cross-border transactions, price convergence and network stability.
For his part, the General Secretary of Energy and Mineral Raw Materials of the Ministry of Environment and Energy, Aristotelis Aivaliotis, referred to Greece’s commitment to the European perspective of the Western Balkans, with the Thessaloniki Conference in 2003 as a milestone. The Memorandum will contribute to the coupling of electricity markets contributing to economic growth and stability in the region, the Secretary General said.
The American side emphasized that this Memorandum will strengthen the cooperation between the energy operators of Greece and the Western Balkans, with the aim of promoting the integration of electricity markets and energy security in the region.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greece’s Retail Sector Turnover Sees 2.4% Growth in 2024
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%.
Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.
Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.
Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries
Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures
Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.
Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations
Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination
Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.
National Bank of Greece (NBG) Stocks Remain Attractive: UBS
In this context, UBS maintains its “buy” recommendation with a price target of €11.20.
![ΑΠΕ: Ρεκόρ παραγωγής ενέργειας από ΑΠΕ στην ΕΕ το 2023 – Η θέση της Ελλάδας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/02/ot_ape_ola-1024x600-1-90x90.png)
![Τουρισμός: Τα απανωτά ρεκόρ και ο αστερίσκος της Σαντορίνης – Το στοίχημα της σεζόν [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/01/tourismos-90x90.jpg)
![ΑΠΕ: Ρεκόρ παραγωγής ενέργειας από ΑΠΕ στην ΕΕ το 2023 – Η θέση της Ελλάδας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/02/ot_ape_ola-1024x600-1-600x352.png)
