Opening the electricity market and possible introduction of "Small PPC" as part of bailout review

Legal Tags: Energy, Legislation, PPC

Greece will be required to explicitly commit to ''alternative structural measures", as the memorandum with its creditors stipulates, in case the mandatory NOME auctions for selling Public Power Company’s (PPC) electricity products to its competitors do not succeed.

This means that if the NOME auctions are not able to render effective results as regards the objective set by article 143 of Law 4389/16, it is highly probable that the creditors will require Greece to include in the legislative preconditions for the su...

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