not qualify to the final stage of the auction– to
form partnerships, both among them and with
third companies.
PPC
The privatization of the Public Power Corporation
(PPC) is also expected to get going during the
year.
On this front, the government must comply with
the troika’s demand for a quick privatization and
a swift inflow of cash in the state’s coffers, as
well as with EU legislation, which requires the
“unbundling” of the PPC, in order to ensure that
private power producers gain access to the
incumbent’s lignite and hydroelectric capacity.
The government is expected to create a smaller
PPC, or even more small PPCs. In a nutshell, it
is expected to create one or more “baskets”
comprising lignite and hydro units that will be
put on the auction block. After that, a decision
regarding the entry of a strategic investor in
PPC cannot be ruled out.
Until, though, these plans are actually given the
go, the RAE will start auctioning the power gen-
erated by coal-fired or hydroelectric plants, in
order to ensure the immediate opening of the
electricity market.
Trade with Greece
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