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Privatisation of power transmission firm ADMIE a key challenge among prior actions
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.
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Greece changing direction on energy policy, warms to US-backed projects
Following a meeting with his Bulgarian counterpart Daniel Mitov in Athens on Wednesday, Foreign Minister Nikos Kotzias commented that “the world is changing and energy sources are changing,” which appears to be confirmation of the Greek government’s switch in energy policy.
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SYRIZA seems to be mulling a switch in Greece's energy policy
The SYRIZA-led government in Athens appears to be re-orientating its policy and strategic relations in regards to the energy sector.
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
The Eurogroup Working Group (EWG) decided on Friday a long list of 49 milestones that Greece will have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion euros.
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Overhaul of energy market among tasks looming for government
On top of the fiscal policy measures and pension reforms the new government has to work on in the next few weeks, it also has to meet key deliverables in the energy sector over the coming months as part of its commitments in the third bailout programme.
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These are the bailout deliverables expected from Greece in September
Greece’s caretaker cabinet was sworn in on August 28 and on the same day, the European Commission (EC) President Jean-Claude Juncker sent a letter to the caretaker Prime Minister Vassiliki Thanou.
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The targets and deadlines in Greece's privatisation programme
The third Memorandum of Understanding (MoU) attached to the third Greek bailout programme signed on August 19 envisages an ambitious privatiaation programme with total proceeds estimated at 6.4 billion euros by 2017.