Europe apos;s South Offers A Warm Welcome To Energy Migrants

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ICGB, the owner of a second gas link between Greece and Bulgaria (IGB) - a key part of the Vertical Gas Corridor which began operations this year - and Gastrade, the developer of a floating storage and regasification unit off the northern Greek port of Alexandroupolis, also signed the agreement on Thursday.



"In coordination with DESFA, we have the opportunity to increase this capacity (to) up to 5 billion cubic meters per year," two senior executives at ICGB said, adding this should happen along with the commissioning of the LNG terminal off Alexandroupolis due in 2024.



Before leaving Gdansk, where he has lived since 2016, Varmalov calculated he could save 250 euros ($259) on rent each month and pay 140 euros for all his utilities and internet, instead of the 200 euros he was paying for electricity alone in Poland.

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Gabriel Escarrer, CEO of Spanish hotel chain Melia, said people are booking apartments and suites for two or three months this winter in the Canary Islands, with a notable presence of Scandinavian visitors.

ATHENS, Dec 1 (Reuters) - Greece, Pelion guided tours Bulgaria, Romania and Hungary agreed on Thursday to upgrade the interconnection and transport capacity of their gas grids, part of their long-standing efforts to diversify gas sources and boost their role in Europe's energy supply chain.



"(It) is an important step towards the implementation of the Vertical Corridor, a project that will significantly contribute to the supply security of the wider region," Chief Executive of DESFA Maria Rita Galli said in the statement.

He is not alone in pursuing a warmer, cheaper way of life as tourist boards across southern Europe have seized on the cost-of-living crisis to advertise the benefits of wintering abroad to those living in more northerly countries.

MADRID/LISBON, Nov 28 (Reuters) - Software developer Victor Varlamov logs in every morning to work on a sunny Spanish island off the coast of Africa after the prospect of steep heating bills and a winter made harsher by the Ukraine war drove him to leave his adoptive home in Poland.



"It is no secret this will be a winter of great economic uncertainty in Europe but in the Canary Islands, we want to turn the situation around," said Yaiza Castilla, the regional tourism chief, describing the islands as an "economic refuge".

The regional government of the Canary Islands, Pelion guided tours where the average winter temperature is 20 degrees Celsius (68°F), launched a social media campaign in September to attract remote workers, such as Varmalov, and best private tours in Meteora greece retired people from countries including Britain, Germany and Sweden.

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TUI fly, the leading airline operating between Germany and best day trips from Pelion the Canary Islands, said it would increase flights by around 10%, adding in a statement energy costs were "a psychological element" in pushing more people south.

Data collected for Reuters by home rental search engine HomeToGo showed that compared to last year, minibus taxi Pelion searches from countries such as Britain, Germany and the Netherlands rose 36%, 13% and 3% for winter accommodation in Spain, Greece and Portugal, respectively.

Under the memorandum of understanding signed on Thursday on the sidelines of a liquefied natural gas (LNG) conference in Athens, Greece's DESFA, Bulgaria's Bulgartransgaz, Hungary's FGSZ and Romania's SNTGN Transgaz agreed to begin talks on regulatory and economic aspects of the corridor, DESFA said in a statement.

In 2016, taxi fare piraeus to Pelion airport the four countries agreed to develop the necessary infrastructure for the realisation of the so-called Vertical Gas Corridor, which will enable bidirectional gas flows from Greece to northern Europe, through Bulgaria, Romania and Hungary.

Among schools enrolling more students from abroad, the German school in Gran Canaria received 40 applications from foreign students this year, which it said was higher than in previous years without giving precise figures.

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