Public Power Corporation
OpenCalais Metadata: Ticker
By Anestis Dokas
Blue chip companies have enjoyed borrowing costs of below 5 percent in their international corporate bond issues during the first half of the year. The main reason for the decline is the improvement in the countrys fiscal image, confirmed by Greeces return to the bond markets in April for the first time since 2010.
The debate surrounding the partial privatization of the Public Power Corporation (PPC) is fresh proof that the Greek political establishment is incapable of putting an end to partisan practices.
Police in Katerini, northern Greece, detained two men aged 20 and 29 on Saturday who allegedly posed as Public Power Corporation (PPC) workers and robbed an 80-year-old woman of the sum of 9,000 euros.
According to the case file, the two suspects entered the victims residence on the pretext of repairing a faulty electricity circuit.
By Chryssa Liaggou
The Public Gas Corporation (DEPA) is processing a plan to offset the losses of the local gas supply corporations, known as EPAs, in the natural gas retail market, in cooperation with Shell and ENI, the other main stakeholders in the three EPAs in Athens, Thessaly and Thessaloniki.
Both Greeces conservative-led government and the leftist opposition claimed victory on Thursday after the Parliaments summer session rejected proposals for a debate regarding a possible referendum on plans to sell part of Public Power Corporation (PPC), the nations biggest power producer, to a private competitor in 2015.
Parliament's summer session on Friday rejected proposals by Greek opposition parties for a debate on a referendum about the partial privatization of the Public Power Corporation.
Christos Markoyiannakis, who was presiding over the session, said the proposals had not garnered the support of a minimum of 120 MPs and so could not be approved.