Talks to begin on plan to rescue PPC from dire financial straitsEconomy
One of the first orders of business for the new government is to tackle the beleaguered state-controlled energy company, the Public Power Corporation (PPC).
PPC, Hellenikon present government with first test of problem solving mettleEconomy
To the extent that government is an exercise in handling short-term obstacles thrown up by events, the dire state of Public Power Corporation’s (PPC) finances and unblocking the flagship Hellinikon investment are the first hurdles faced by Kyriakos Mitsotakis’s administration.
PPC reports net loss of 205.1 mln in Q1EconomyCorporates
Greece’s majority state-owned Public Power Corporation’s (PPC) first quarter (Q1) results showed that net losses worsened to 205.1 million from 12.6 million euros in the same quarter last year.
Fears and reassurances over PPC's dire financesEconomyFeatures
After a disastrous set of full year results for 2018 which showed net losses of over half a billion euros from continued operations, the future of the Public Power Corporation (PPC) has been a topic of hot debate in recent weeks.
Primary residences and lignite units top agenda ahead of EurogroupEconomyProgramme
Although Greece is not on the agenda for Monday’s Eurogroup, the meeting will provide Finance Minister Euclid Tsakalotos with the chance to discuss with the country’s lenders a range of issues related to the post-bailout commitments the government has to complete.
PPC lignite unit bids fall flat in blow to privatisationsEconomyFeatures
The Public Power Corporation’s (PPC) divestment of 40 percent of its lignite capacity has hit an obstacle as it emerged that the bid process for two lignite units had attracted very little interest.
Lenders put spotlight back on pending reforms ahead of second post-MoU reviewEconomyProgramme
As Greece approaches the six-month mark after officially exiting its final bailout programme, the government’s to-do list still remains substantial.
PPC posts net loss of 255.1 mln in 9M on higher CO2 chargesEconomyCorporates
Greece’s majority state-owned Public Power Corporation’s (PPC) nine-month (9M) results showed that turnover fell by 4.3 percent year-on-year (YoY).
PPC drafts five-year strategic business plan aimed at halting slideEconomyCorporates
Greece’s majority state-owned Public Power Corporation (PPC) has revealed its strategic five-year business plan, which was put together with the assistance of the consultancy firm McKinsey.
PPC reports turnover decline of 6.5 pct in Q1 on lower salesEconomyCorporates
Greece’s majority state-owned Public Power Corporation’s (PPC) first quarter (Q1) results showed that turnover fell by 6.5 percent in the first three months of the year.