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PPC
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Economy
Talks to begin on plan to rescue PPC from dire financial straits 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).
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Economy
PPC, Hellenikon present government with first test of problem solving mettle 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.
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EconomyCorporates
PPC reports net loss of 205.1 mln in Q1 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.
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EconomyFeatures
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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EconomyProgramme
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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EconomyFeatures
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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EconomyProgramme
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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EconomyCorporates PPC posts net loss of 255.1 mln in 9M on higher CO2 charges 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).
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EconomyCorporates
PPC drafts five-year strategic business plan aimed at halting slide 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.
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EconomyCorporates PPC reports turnover decline of 6.5 pct in Q1 on lower sales 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.