Public Power Corporation

Three new bills, in addition to the new fiscal framework, are being prepared for submission to Parliament within 2024, National Economy and Finance Minister Kostis Hatzidakis revealed on Tuesday, while speaking at the Real Investment Summit 2024.

Public Power Corporation's (PPC) goal is to become the leading player in the field of clean energy and critical infrastructure in Southeast Europe, creating an energy corridor that will add value to all countries, the president and CEO of PPC, Giorgos Stassis, said while speaking at the Ziarul Financiar Power Summit 24 in Bucharest on Tuesday.

The main index of the Greek bourse advanced for the fifth week in a row, despite the moderate losses suffered on Friday in what was a rather quiet session. Observers note that traders may be waiting for corporate moves and the placement of the state's 27% stake in Piraeus Bank, so they are saving their strength for now.

Greece is poised to emerge as a pivotal player in the Southeast European energy market, driven by new energy interconnections, infrastructural developments, and strategic acquisitions.

Two major energy groups, Germany's RWE and Greece's Public Power Corporation are promoting Greece's energy transition through their joint venture, Meton Energy SA, which has made its final investment decision for the construction of another photovoltaic project in the country.

After six sessions of gains in a row for the benchmark, which took it to a 13-year high, the Greek stock market endured moderate losses on Wednesday, in spite of the spectacular entry of Athens International Airport.

The European Commission informed the Greek electricity provider Public Power Corporation (PPC) on Wednesday of its preliminary view that PPC has breached EU antitrust policy by selling electricity in the Greek wholesale market below cost, thereby excluding its main rivals.

Prime Minister Kyriakos Mitsotakis announced a package of measures on Friday to further support farmers, aiming to end escalating agricultural mobilizations and roadblocks.

Greece will extend a special tax return on agricultural diesel by a year, to support protesting farmers who demand lower energy costs and fast compensation for crops and livestock lost in destructive flooding, its prime minister said on Friday.

Monday's stock session followed the course of the Greek weather, with a steady decline in prices matching the drop in temperatures. The benchmark narrowly managed to stay above the 1,350-point level, mainly thanks to the activity of some buyers in selected blue chips, while the prospect of the Athens International Airport listing absorbed some of the market's liquidity.