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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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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.
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Tsipras begins effort to avoid SYRIZA division over deal with creditors
Prime Minister Alexis Tsipras began on Wednesday his effort to quell any unrest within his party after Friday’s Eurogroup agreement and the reform proposals agreed by lenders on Tuesday signalled a retreat from many of SYRIZA’s pre-election pledges.
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What are Greek coalition's plans for privatisation programme?
One the first and most important issues brought to the forefront by the new government was that of privatisations. Several misters’ statements had a negative impact on the fragile investor sentiment and contributed to the nosedive in the Greek stock market by 14.1 percent during the first week after elections.
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First signs from new Greek government point to awkward meetings with lenders
The first signs of the new Greek government intentions on the economic front were already indicated right after its formation.
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Return of coastal bill may give SYRIZA new chance to build support
After failing in its bid to force Parliament to vote on whether to hold a referendum on the part-privatisation of the Public Power Corporation (PPC) earlier this month, SYRIZA now intends to confront the coalition over legislation aiming to make it easier to develop Greece’s coastline.
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Electricity strike nipped in bud, leaving political loose ends
A standoff between the government and unions over the privatisation of the Public Power Corporation (PPC) looks to be over but a number of political loose ends remain.