ECJ decision on PPC’s lignite exploitation rights and future investments

Legal Tags: Energy, Legislation, PPC
Photo via https://flic.kr/ps/Us79n
Photo via https://flic.kr/ps/Us79n

The recent decision of the European Court of Justice (ECJ) to reject the appeal by the Public Power Corporation against the Commission decision providing for measures necessary to restore competition on lignite rights, brings back to the fore the issue of PPC’s privatisation.

The legal services of the Energy Ministry and minister Giorgos Stathakis will have to decide on the privatisation of the company’s lignite production, while also satisfying its creditors.

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