Public Power Corporation

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DEH

ATHEX: ECB boost adds to Greek stock gains

The European Central Bank decision to lift its 33 percent limit on euro area government bond purchases gave Greek stocks a second consecutive day of healthy gains on Thursday. The bourse saw its capitalization grow by 2.5 billion euros over those two sessions, with credit sector stocks playing a major role in that advance.

ATHEX: Strong gains offset losses seen on Monday

The reserved optimism of Greek epidemiologists about the course of Covid-19 in Greece over the last three days was reflected in stock prices on Tuesday, as confidence in the quickly taken, firm measures and the fiscal easing decided across the European Union have led to some relief for battered bourses, including Athinon Avenue.

Power firms offer discounts to customers

The electricity market is trying to express solidarity with companies and individuals suffering from the effects of the coronavirus epidemic, with Public Power Corporation and Elpedison announcing measures in a bid to make life easier for their customers and heeding the call to that effect by Energy Minister Kostis Hatzidakis.

ATHEX: New sell-off in problematic trading session

Monday's session at the Greek bourse was short and sour for stocks. The start was delayed by over four hours due to technical problems in data transmission, and the benchmark suffered major losses in the three-and-a-half hours of trade (an hour's extension was granted), with banks once again enduring most of the pressure.

ATHEX: Strong rise in stock market led by PPC

The decision by the European Central Bank to include Greece in an emergency bond-buying program gave Greek securities a much-needed boost on Thursday, with sovereign bond yields tumbling and stocks jumping at Athinon Avenue. Public Power Corporation closed almost at its limit-up, while banks struggled to keep up with the other blue chips.

PPC signs MoU with RWE on green energy

Public Power Corporation (PPC) is in close cooperation with Germany's RWE, one of the world's biggest companies in the renewable energy sources sector, both for the development of the ambitious plan the Greek utility has drafted for its expansion into RES and for the government's implementation of a decarbonization plan.

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