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The Greek Current
The Greek Current

Greece's landmark energy deal with Exxon

Last week’s deal between ExxonMobil, Energean and Helleniq Energy for exploration and drilling in the Ionian Sea generated a lot of buzz both in Greece and - as we saw at P-TEC in Athens - among US officials. This move comes as another US energy giant, Chevron, is also engaging with Greece and Cyprus. Energy expert Dr. Theodoros Tsakiris joins Thanos Davelis to break down why these deals could be game-changing for Greece. 

You can read the articles we discuss on our podcast here:

Exxon enters Greece with gas deal that expands US footprint in eastern Med

Greece names Chevron, Helleniq Energy consortium as preferred bidder for offshore gas search

Fresh push for Greece-Cyprus cable

New US ambassador says Greece key to countering Russian and Chinese influence

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Secretary Rubio visits Greece, the Strategic Dialogue, and the region's Turkey dilemma

Athens was buzzing this week as Secretary of State Marco Rubio visited Greece. His speech with the Acropolis in the background made headlines around the world, and his emphasis on Greece’s role as “a source of stability in an unstable world" and a “model ally” did not go unnoticed. Beyond Rubio’s comments, his visit coincided with the 6th US-Greece Strategic Dialogue, reflecting the excellent...

Greece lures hedge funds and rebuilds market trust while NATO looks to put Greenland saga behind it

At the height of the last decade’s financial crisis, Greece was not only struggling to keep capital in the country, but its borrowing cost was also sky high. Today, Greece is wooing the world’s leading hedge funds with a new tax regime designed to lure investors to establish substantial operations in Athens, and we’ve already seen it persuade billionaire Chris Rokos and the hedge fund...