PPC.AT
Public Power Corporation S.A.
Athens
2.890.18 (6.64%)
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1d
Prev Close2.71
Open2.73
Bid0.00 x 361700
Ask2.89 x 310000
52wk Range2.29 - 5.55
Day's Range2.73 - 2.91
Volume292,253
Avg Vol (3m)618,799
As of 10:19 AM EDT. Market closed.
  • Reuters8 months ago

    Greece, lenders strike deal to unlock further bailout funds

    Greece and its international lenders have struck a deal on the latest set of reforms needed for Athens to receive 1 billion euros in further bailout aid, Finance Minister Euclid Tsakalotos said on Friday. The reforms relate to a new privatisation fund, a shake-up of the power sector, and how to open up the market for non-performing loans. The two sides reached agreement on the structure of the new privatisation fund whose revenues will be used to boost investment and pay down the national debt, as demanded by Germany and other creditors.

  • Reuters8 months ago

    Power grid operator future tops Greece-lenders talks

    Greece and its lenders start talks on Monday on how to split off its electricity grid operator from dominant power utility PPC and make other reforms needed for Athens to receive fresh aid under its international bailout. Prime Minister Alexis Tsipras' leftist government halted the sale of a 66 percent stake in grid operator ADMIE after winning elections in January. Greece wants ADMIE to remain in state hands and has proposed acquiring a 51 percent stake in the firm owned by state-controlled power utility PPC, instead of selling it to a private investor.