![Greek Dep. Energy Min. Meets With Key ‘Players’ in U.S – 5th Greece-USA Strategic Dialogue](https://www.ot.gr/wp-content/uploads/2021/07/kalodio-1.jpg)
Deputy Minister of Environment and Energy Alexandra Sdoukou participated in a series of extensive talks with key players in the energy sector on aspects of international energy policy, in the framework of the 5th Greece-USA Strategic Dialogue in Washington DC.
During her contacts, the deputy minister presented Greece’s plans to emerge as the strategic energy hub for the EU for natural gas and electricity from the wider Middle East region.
During her speech at the Strategic Dialogue, Ms. Sdoukou stressed, among other things, that “we aspire to become a regional energy hub for Southeast Europe and the Eastern Mediterranean. Our three main priorities are increasing the penetration of renewables and promoting decarbonization.”
![](https://www.tovima.com/wp-content/uploads/2024/02/09/sdouk1.jpg)
Deputy Minister of Environment and Energy Alexandra Sdoukou and U.S. Assistant Secretary of Energy Joshua Voltz
In her meeting with the American Deputy Secretary of State and former U.S. Ambassador to Athens, Geoffrey Pyatt, on February 7, as well as during the session of the Strategic Dialogue, the Greek Deputy Minister elaborated on the progress of the Greece-Cyprus-Israel electricity interconnection, “The Great Sea Interconnector”, emphasizing the significance of the decision of the Republic of Cyprus to participate in the share capital of the “Great Sea Interconnector (GSI),” investing €100 million from the Cypriot RRF.
Sdoukou also met with senior officials of the U.S. state investment fund, held on the sidelines of the Strategic Dialogue at the U.S. Department of State, emphasizing the interest of the DFC (U.S. International Development Finance Corporation) to consider participating in the shareholding scheme of the Greece-Cyprus-Israel electricity interconnection in the coming months and outlined the reasons why such American investment would be beneficial for all parties involved.
In another bilateral meeting with U.S. Assistant Secretary of Energy Joshua Voltz, Sdoukou also discussed developments related to the EMGF (East Mediterranean Gas Forum) and the initiatives of the Greek Presidency for the organization that began in January of the current year. During this discussion, the Deputy Minister also emphasized the need to advance the process for the establishment and funding of the Eastern Mediterranean Energy Center, which is expected to be jointly formed with the U.S., Israel, and Cyprus based on the U.S. East Med Act of 2020.
Source: tovima.com
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![Cosco: Container Traffic Decline at Piraeus Port Continues](https://www.ot.gr/wp-content/uploads/2024/07/olp1-scaled-1-2048x1312-1-600x384.jpg)
Cosco: Container Traffic Decline at Piraeus Port Continues
This strategic shift has diminished Piraeus's standing as a prominent Mediterranean port and a key transshipment hub post-Suez Canal.
![Gov’t Eyes Return of Power Subsidies Amid Spike in Rates](https://www.ot.gr/wp-content/uploads/2024/07/power-lines-2048x1365-1-600x400.jpg)
Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates
![ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock](https://www.ot.gr/wp-content/uploads/2024/07/ot_georg_PROIONTA_money-1-600x352.png)
ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock
The 6.3% rise in May 2024 is largely driven by an 8.8% increase in the crop output group, particularly due to changes in olive oil prices, and a 0.5% increase in the animal output group.
![Balkans Blackout Highlights Climate Threats to Power Grids](https://www.ot.gr/wp-content/uploads/2024/07/blackout-1-600x457.png)
Balkans Blackout Highlights Climate Threats to Power Grids
The surge in electricity demand during the heat wave and the power deficit in Balkan markets have driven up prices in the Greek wholesale electricity market.
![Greece in Top 4 Destinations Favored by European Tourists](https://www.ot.gr/wp-content/uploads/2021/06/ploio-600x400.jpg)
Greece in Top 4 Destinations Favored by European Tourists
Greece was selected by 5.9% of respondents who were asked where they would vacation this year, up from 5.4% in the same survey last year
![Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive](https://www.ot.gr/wp-content/uploads/2024/06/euros-2048x1365-1-600x400.jpg)
Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive
The international ratings firm raised Greece to investment grade in early August 2023
![First Seaplane Test Flights to Skopelos, Alonissos, Skyros](https://www.ot.gr/wp-content/uploads/2024/06/hellenic-seaplanes-pilotikes-ptiseis-ydatino-pedio-lavriou-600x450.jpeg)
First Seaplane Test Flights to Skopelos, Alonissos, Skyros
After decades of on-again, off-again efforts to schedule regular seaplane routes to Greece's numerous island and coastal destinations the prospect now appears within sight
![ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y](https://www.ot.gr/wp-content/uploads/2023/08/unnamed-41.jpg)
ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y
The same price index had decreased 20.8% from May 2022 to May 2023
![Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated](https://www.ot.gr/wp-content/uploads/2024/06/ergasia-ergazomenos-600x300.jpg)
Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated
Specifically, the option "Subjective opinions are prioritized over objective data" ranked highest in importance for young employees, with a score of 3.89 out of 4
![OECD: Job Vacancies on the Rise in Greece](https://www.ot.gr/wp-content/uploads/2024/07/ergasiabusinness-768x556-1-1-600x434.jpeg)
OECD: Job Vacancies on the Rise in Greece
By the fourth quarter of 2023, job vacancies per unemployed person had risen by more than 4, with the index reaching 446 units compared to 100 units in late 2019