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Friday, January 13, 2017

Greek banks concerned over PPC's power grid spin-off scheme

ADMIE is fully owned by Greece's state-controlled electricity utility Public Power Corp. (PPC). Under a legislated scheme, PPC will sell a 24 percent stake in ADMIE to China's State Grid for 320 million euros ($340 million) and transfer another 51 percent ...


READ THE ORIGINAL POST AT af.reuters.com