Privatisation of power transmission firm ADMIE a key challenge among prior actions

EconomyProgramme Tags: Energy, PPC, Privatisations

The privatisation of the electricity transmission company (ADMIE) is one of the thirteen prior actions Greece has to implement by December 11 to unlock the next sub-tranche of 1 billion.

Local media indicate that the government and the quadriga may converge on the transfer of a majority stake of ADMIE to a public-private partnership. The institutions are apparently insisting that the management should be undertaken by the private sector.

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