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Serbia’s economy in uncharted territory amid imminent US sanctions against oil company NIS

For NIS in Serbia, doing business will become exceptionally difficult from tomorrow, when the United States imposes sanctions, starting with payment systems. The same goes for any enterprise cooperating with the oil refiner and distributor, majority owned by Russia’s Gazprom Neft and another firm controlled by Gazprom. Nine months after the US announced sanctions against […]

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Greek regulator steps in to prevent energy communities misuse

Legitimate energy communities have suffered in Greece, as private investors have been taking advantage of the status to promote disguised commercial projects. Normally, energy communities are set up to help citizens, businesses and other special consumer groups to benefit from lower energy costs using renewable energy. There are two categories: renewable energy communities (RECs) and […]