Public Power Corporation

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Wind energy farms set new record in 2019

Wind energy output soared to new records in 2019 in Greece, with more new wind energy farms going into operation than in any other year, Hellenic Wind Energy Association HWEA/ELEATEN said in a report released on Thursday.
The increase was almost four times the annual average rate of the previous decade, raising the total power of wind farms to more than 3,500 MW last year.

Larco miners protest selloff plans with Athens rally

Hundreds of miners gathered outside Parliament in downtown Athens on Saturday to protest plans to liquidate and sell state-owned ferronickel production firm Larco. The European Commission in November said that it was taking Greece to the European Court of Justice over its failure to recover 135.8 million euros of illegal state aid to the company.

ATHEX: Banks feed another day of stock growth

The positive views on the Greek economy and its banks by various foreign firms, including rating agency DBRS Morningstar, continue to feed traders' buying interest, which is also trickling down to mid- and small-caps. This carried the benchmark through to another day of growth on Wednesday, on higher trading volume too thanks to a number of packages that changed hands.

ATHEX: Bank stocks lead bourse rebound

The banks index at Athinon Avenue staged a 2.74 percent rebound on Thursday, leading the benchmark of the Greek bourse back up to 926 points on turnover of more than 100 million euros.

The Athens Exchange (ATHEX) general index ended at 926.06 points, adding 1.30 percent to Wednesday's 914.17 points. The large-cap FTSE 25 index expanded 1.22 percent to 2,308.07 points.