Friday October 31, 2014 Search
Weather | Athens
18o C
13o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
PPC launches process for sale of ADMIE

The governing board of the Public Power Corporation (PPC) started on Thursday the process to seek expressions of interest in the 66 percent stake in the Independent Power Transmission Operator (ADMIE), eagerly anticipated by Italy’s Terna, the State Grid Corporation of China, as well as an American network company and a US fund.

The PPC board was forced to convene via videoconference as some 120 unionists stormed the company’s headquarters in a bid to prevent the scheduled meeting.

The invitation for expressions of interest is open even to investors without experience in the administration of such projects, provided they will commit to conceding the ADMIE management to the Greek state for at least five years. This diverges from the technical criteria that apply for the short-listing of candidates in the tender process, in order to broaden its scope.

The financial criteria dictate that candidates will need to have disposable capital of at least 350 million euros.

ekathimerini.com , Thursday April 10, 2014 (23:20)  
Big monthly drop for stocks
Eurozone inflation up, unemployment steady, Eurostat reports
Greek retail sales rise for third month in a row
Germany’s 10-year bonds decline before euro-area inflation data
Cyprus court ruling opens way for bailout funds
The Cypriot supreme court ruled as unconstitutional Friday four bills on bank foreclosures whose passage by parliament prompted international lenders to halt payments on the country’s 10-bil...
Greek PM appoints new defense, development ministers [Update]
Greek Prime Minister Antonis Samaras named his development minister to the defence ministry portfolio on Friday to replace Dimitris Avramopoulos, who is set to become an EU Commissioner. Nik...
Inside News
BASKETBALL
Obradovic watches Greens thrash his Fenerbahce
The second homecoming of former Panathinaikos coach Zeljko Obradovic, now at Fenerbahce, was not as emotional as last year’s, but it was certainly was the night of an emphatic triumph for th...
SOCCER
Berg returns to add spice to Panathinaikos´s Cup win
The second round of games for the group stage of the Greek Cup produced plenty of interesting games and results in midweek, but it still lags the upset potential that the knock-out stages of...
Inside Sports
COMMENTARY
The judiciary’s responsibility
The reform efforts over the past few years have begun to bear fruit. Greece has improved its standing in the World Bank’s Doing Business rankings, rising 48 positions from 2010 to 61st place...
EDITORIAL
Findings raise eyebrows
An investigation into money transferred to foreign banks by civil servants since 2010, when Greece’s brutal debt crisis erupted, has come up with some striking findings. The checks, which we...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Big monthly drop for stocks
2. Cyprus court ruling opens way for bailout funds
3. Greek PM appoints new defense, development ministers [Update]
4. PSI victims protest in Athens, Thessaloniki
5. Archaeologists find underground vault in Amphipolis tomb
6. Eurozone inflation up, unemployment steady, Eurostat reports
more news
Today
This Week
1. Man shot dead, woman injured in Vathis square attack
2. Cyprus’s Georgiades bets on economy for Irish-style bailout exit
3. Archaeologists find underground vault in Amphipolis tomb
4. Germany’s 10-year bonds decline before euro-area inflation data
5. Greek retail sales rise for third month in a row
6. New defense minister to be appointed without reshuffle
Today
This Week
1. Austria’s creative bookkeeping beats Greece on secret debts
2. End of reason, end of humanity
3. Clean bill of health for Greek banks from stress tests
4. Samaras pledges action after flash floods in Athens
5. Eurobank, National Bank restructurings eliminate capital gap
6. Athens flood damage assessed, compensation payments to begin
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.