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PPC
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Fears and reassurances over PPC's dire finances
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.
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Primary residences and lignite units top agenda ahead of Eurogroup
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.
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PPC lignite unit bids fall flat in blow to privatisations
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.
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Lenders put spotlight back on pending reforms ahead of second post-MoU review
As Greece approaches the six-month mark after officially exiting its final bailout programme, the government’s to-do list still remains substantial.
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Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
The government will be looking to demonstrate a significant reduction in its list of 88 prior actions by the June 21 Eurogroup, including covering ground on several major privatisations.
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High expectations and landmarks on road to privatisations in 2018
Greece’s privatisation programme is a key component in the institutions and the Greek authorities’ growth projections as the asset development programme which includes direct sales, concessions, securitisations and other forms of monetisation is expected to contribute to boosting private investment.
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Report on PPC’s viability ruffles feathers and shakes share price
A leaked report by a consultancy firm on the Public Power Corporation (PPC) sent the majority state-owned entity’s stock price falling earlier this week after it raised concerns about PPC’s viability.
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Complications over reforms cast doubt on June target for global deal
With 10 days to go until the meeting of the Euro Working Group on April 12, the onus is on the Greek government to start ticking off more prior actions even though speculation is rife that a global deal between Athens and the lenders may have to wait until July, rather than June.
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HRADF outlines major privatisation plan, no timelines given
The Hellenic Republic Asset Development Fund (HRADF) this week released an outline for the completion of several major privatisations, though no deadlines or timelines were specified.
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Athens, creditors on way to settling energy, labour issues in third review
Electronic auctions are due to begin on Wednesday, with the Greek government hoping that the process runs smoothly and that an agreement with the institutions can be secured by the end of the week.