Sunday Jan 25, 2015 Search
Weather | Athens
17o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Lawmakers green-light sale of 66-percent stake in power transmission operator

Greek lawmakers on Wednesday voted in favor of a bill for the privatization of Greece's Independent Power Transmission Operator (ADMIE).

The bill foresees the sale of a 66-percent stake in the state-owned company, with the minimum 151 of the House's 300 MPs approving the decision.

The privatization of ADMIE will be completed in one single stage and will secure the state’s participation at 34 percent. The cost of the state's stake will be determined by the amount of the final offer from the private investor that will acquire the remaining 66 percent.

Sources told Kathimerini in December that the Chinese State Grid (SGCC), the biggest network company in the Asian country, and Italian power transmission operator Terna are in contact with the government for the acquisition of the controlling stake.

Public Power Corporation (PPC) workers are protesting the sale with rolling strikes and staged a rally in front of Parliament on Wednesday afternoon following the decision.

ekathimerini.com , Wednesday Jan 29, 2014 (16:24)  
Draghi’s QE promise to Greece depends on debt-market math
Eurozone to discuss another extension
S&P sees red over ‘Euroskeptic’ governments
Prospect of elections sent new tax debts soaring last month
Greeks vote for reform path or defiance
Greek voters are going to the polls today in an election that will determine whether the country that triggered the euro-area debt crisis five years ago holds to the path of economic reform ...
Greek Elections 2015 | LIVE
Follow our 2015 Elections Blog for live coverage of all the breaking developments in today’s general election. You can also follow us on Twitter: @ekathimerini 09.11 Good morning fellow elec...
Inside News
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakos’s 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
BASKETBALL
Tremendous Spanoulis sweeps Laboral Kutxa
A hot second half was enough for Olympiakos to undo visiting Laboral Kutxa and score its fourth win in as many games at the second round of the Euroleague on Friday. The 76-64 final score wa...
Inside Sports
COMMENTARY
The train
If we go by the polls, SYRIZA is set to win Sunday’s election and form a government. New Democracy did not really campaign, or perhaps it did so in a way that can only be explained if the pa...
EDITORIAL
The future is in your hands
On Sunday we will vote in a landmark and unique election. It is a landmark vote because what is at stake is whether Greece will be cut off from Europe’s core, whether certain necessary refor...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greeks vote for reform path or defiance
2. Greek Elections 2015 | LIVE
3. Olympiakos overcomes depleted OFI at Iraklio
4. Draghi’s QE promise to Greece depends on debt-market math
5. Tremendous Spanoulis sweeps Laboral Kutxa
6. Eurozone to discuss another extension
more news
Today
This Week
1. Greek Elections 2015 | LIVE
2. Greeks vote for reform path or defiance
3. Draghi’s QE promise to Greece depends on debt-market math
4. The train
5. The future is in your hands
6. Greek Elections 2015 | LIVE
Today
This Week
1. Piraeus Bank is third lender to request ELA
2. Grexit the only way out of ‘valley of tears,’ says Hans-Werner Sinn
3. Fitch lowers Greece credit outlook to 'negative'
4. Greek Elections 2015 | LIVE
5. No debt writedown or rolling back of reforms for Greece, says Finland's Stubb
6. Greeks fork out nearly 5 pct of their incomes on telecom services
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.