Public Power Corporation

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Greek Public Power Corporation To Operate in Bulgaria

Greek power company Public Power Corporation will establish a subsidiary in Sofia in cooperation with the Swiss company ALPIQ Group, announced the Bulgarian National Radio.

Public Power Corporation (PPC) will own 85% of the share capital, and the remaining 15% will be owned by ALPIQ. The joint venture will be engaged in energy trading.

Greek Power Workers Put an End to Their Strike

The employees of the Greek Public Power Corporation have declared an end to their strike and are going back to work, Monday.

The workers announced their decision to put an end to the strike after the government issued civil mobilization orders, and some of the protesters were served a summons, Bulgarian Telegraph Agency informs.

Sterile populism

After all these years in the opposition, the SYRIZA party has quite inexplicably remained faithful to the same, counterproductive political strategy.

Alexis Tsipras’s party has habitually reacted to government policy by: a) escalating its rhetoric, b) calling upon Greek citizens to rise up, and, c) promising radical changes when it finally climbs to power.

Independent Greeks MP claims coalition trying to prevent her from revealing information on PPC

Outspoken Independent Greeks MP Rachil Makri claimed Friday that the coalition is trying to have her barred from Parliament so she cannot reveal information about scandals involving the Public Power Corporation (PPC) when a bill allowing the company to be privatized is discussed in the House.

Greece Suffers Brownouts As Electricity Workers Strike

Parts of Greece have been experiencing power cuts – after electricity workers began a 48-hour strike on Thursday over privatisation plans, reports Euronews. 

Thirteen power stations in Greece were shut down and the electricity in entire regions of the country was cut off, as the summer heat rages on.