VAT gap remains high as non-compliance overtakes revenue rise
Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
Hatzidakis details plans for PPC, puts forward new CEO
Privatisation agency chief identifies key targets for coming months
Hatzidakis announces strategy for partial privatisation of PPC
Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Fears and reassurances over PPC's dire finances
The loosening of this reliance on lignite came in the form of selling two of PPC’s plants, which account for 40 percent of the energy produced from this form of coal. The first round attracted no binding bids in February, possibly signalling that investors have lost their appetite for outdated units at a time when the environmental impact of dirty energy is more apparent than ever. A second tender is underway and binding offers are expected by May 28.
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