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  • Photo via https://flic.kr/p/bwZLC3 PPC reverses net losses in 2016 results

    EconomyCorporates

    Greece’s largest power company, the majority state-owned Public Power Corporation (PPC), has released its full-year financial report for 2016, showing that group turnover decreased by 8.3 percent to 5.25 billion euros compared to 5.73 billion in 2015.

  • Photo via PPC https://flic.kr/p/9qi65R PPC: The struggling electricity giant dominating bailout talks

    By: Manos Giakoumis

    EconomyFeatures

    One of the biggest stumbling blocks in the way of t the Greek government and the institutions to clinch a staff-level agreement (SLA) is the liberalisation of the energy market, with lenders requesting the sale of 40 percent of the Public Power Corporation (PPC) units.

  • Photo by Panayotis Tzamaros/Fosphotos Concerns over energy deregulation add to challenges Tsipras faces

    PoliticsGreek Politics

    There is a growing feeling in Athens that the government is gradually moving closer to the institutions and the two sides are genuinely trying to reach a technical agreement by April 7, when eurozone finance minister are due to meet in Malta.

  • Photo by Panayotis Tzamaros/Fosphotos OECD outlines five priorities for Greek reform agenda in 2017

    Economy

    The Organisation for Economic Cooperation and Development published on Friday its annual edition of Going for Growth report, proposing policy actions to boost productivity and growth ensuring at the same time that the benefits from the reforms implementation reach a vast majority of workers and households.

  • PPC general meeting approves unbundling of ADMIE

    EconomyMacroeconomy

    The Public Power Corporation (PPC) held an Extraordinary General Meeting (EGM) on Tuesday that approved the unbundling of the Independent Power Transmission Operator (ADMIE), which is fully owned by PPC.

  • Government seeks to appease banks over ADMIE privatisation

    EconomyMacroeconomy

    In a letter sent by the four systemic Greek banks to Finance Minister Euclid Tsakalotos on January 11, but revealed by the Greek media on Friday, they expressed their serious concerns about the privatisation process of the Independent Power Transmission Operator (ADMIE).

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