Receive Breaking News updates as they occur
ATHENS, Greece (AP) — Greece says it beat its budget targets in the first 11 months of the year and is on track to achieve a modest primary surplus — that is, excluding the cost of servicing its crushing debt burden — for the full year.
US energy giant Chevron on Thursday signed a preliminary agreement with Poland's PGNiG to join forces on shale gas exploration in southern Poland, the firms said. "Both parties could profit from sharing the exploration risk and from reduced costs, including the potential cost of developing the reserves," PGNiG acting CEO Jerzy Kurella said in a joint statement. The announcement comes weeks after Poland said it would begin commercial production of shale gas next year, making it the first European country to use the controversial technique known as fracking.