podlist.gr

The Greek Current
The Greek Current

The DFC's $125 million investment in Greece's Elefsina Shipyard

On Monday Scott Nathan, the CEO of the US International Development Finance Corporation, or the DFC,  signed a financing agreement for a $125 million loan to ONEX Elefsis Shipyards and Industries to rehabilitate and modernize the Elefsina shipyard near Athens. The investment will develop the Elefsina shipyard, which is strategically located near several key gas trade routes, into a maritime and energy supply hub, creating jobs while helping Greece and the region become less reliant on Russian energy. Since its founding in 2019, the DFC has been at the forefront of Washington’s efforts to invest in its partners and allies and ensure that key strategic assets stay out of the hands of malign actors. Naz El-Khatib, the DFC’s Deputy Chief of Staff for Policy, joins Thanos Davelis to look into this key investment in Greece and highlight the DFC’s work in the region.

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

DFC Commits $125 Million to Modernize Elefsina Shipyard in Greece, Establish Critical Energy Supply Hub in the Mediterranean

China Buys Friends With Ports and Roads. Now the U.S. Is Trying to Compete.

Blinken leaves Middle East with no progress on hostages or humanitarian pause

President charts humanitarian path for Gaza with US Secretary of State

Pro-Palestinian crowds try to storm air base housing U.S. troops in Turkey

Turkey recalls ambassador to Israel ahead of Blinken’s visit

Πηγή

‹ Προηγούμενο Επόμενο ›

Περισσότερα επεισόδια

Is France the "new Greece" of Europe? Protests, rising debt, and the lessons from Greece's crisis

A weekend of widespread protests and riots in France has put the spotlight on the many challenges facing the country, from political paralysis to a looming debt crisis. Some pundits and observers are even asking if France, the Eurozone’s second largest economy, is the new Greece of Europe, an ode to Greece’s debt crisis in the 2010s. While this comparison misses the mark in many ways, Europe is...

Conflict in the Horn of Africa, the Turkey factor, and why it matters for Greece

This week we’re turning our attention to the Horn of Africa, where a long-simmering conflict in Ethiopia recently exploded into open war. The situation is grim, but it’s not limited to Africa’s second most populous nation. Eritrea has been pulled into the conflict, Sudan’s civil war is right next door, and on the other side of the Red Sea the Iran-backed Houthis in Yemen continue to strike the...

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...