US multinational investment bank Goldman Sachs has raised its stake in the Public Power Corp. (PPC), Greece’s dominant power producer and provider, to 5.35 percent, according to an announcement by ATHEX-listed utility.
PPC’s management also clarified that 0.20 percent of the aforementioned stake involves securities lending and swaps.
PPC was previously the absolute state-owned and run power utility monopoly, vertically and horizontally, in Greece, before EU mandated liberalization in the electricity sector.
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September in Greece Winning Tourists Over from US, Germany
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According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
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Yannis Vardinoyannis Assumes Post of Motor Oil Board President
He succeeds his father, Vardis, who passed away last week at the age of 91
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