Public Power Corporation

It is true that there is an enormous need for measures and initiatives that will provide support to the most vulnerable members of our society, alleviating their anxiety and suffering.

The collection of expired dues resulting from unpaid Public Power Corporation (PPC) electricity bills according a specific timetable will constitute a government commitment to its creditors, to be included in the bailout review deal. The same goes for the effort to contain the phenomenon of power theft.

State sell-off fund TAIPED has launched the process for selecting consultants for some of its troubled privatization projects, though the question remains over whether they will advance any further.

The Greek bourse benchmark climbed to a new 17-month high on Wednesday - albeit on low trading volume - with investors apparently positioning themselves ahead of next month's likely conclusion of the bailout review, when they will be able to cash in their gains of the last few weeks.

Trading on the Greek stock market has already slowed down ahead of Easter, with the benchmark closing just above the 680-point mark after a small decline on Tuesday, although the majority of stocks ended with gains. The picture is unikely to change much over the next few days barring any significant news.

The Public Power Corporation (PPC) is teetering on the brink of bankruptcy. There are many factors at play that can explain this sorry state of affairs. But two stand out in particular: cheap populism and the uglier side of trade unionism.

Reuters news agency writes of the devastating impact harsh austerity measures have had on the lives of everyday Greeks, as four in ten citizens have had their electricity cut off due to their inability to cover their bills.

Kostas Argyros's unpaid electricity bills are piling up, among a mountain of debt owed to Greece's biggest power utility. His family owe 850 euros to the Public Power Corporation (PPC), a tiny fraction of the state-controlled firm's 2.6 billion euros ($2.8 billion) in unpaid bills.

Greek enterprises are particularly worried about the state of the electricity market, the uncertainty over the sustainability of Public Power Corporation (PPC) and the government's unrealistic plans for enhancing competition, as statements by the head of the Hellenic Federation of Enterprises (SEV) illustrated on Wednesday.

It is a strange quirk of fate that Prime Minister Alexis Tsipras - should his government reach an agreement with the institutions in the coming days - is set to preside over the greatest ever deregulation of Greece's electricity market.