Draft Bill on Sale of 'Small PPC' to be Moved to Parliament July 2

Draft Bill on Sale of 'Small PPC' to be Moved to Parliament July 2

A draft bill to privatise the 'small PPC'- a spinoff of the Public Power Corporation - will be tabled in Parliament on July 2, the Athens News Agency-Macedonian Press Agency reported, quoting government sources.

The decision came at a meeting chaired by Minister of State Dimitris Stamatis  and attended by PASOK officials, which focused on clarifying all open issues regarding the "small PPC", the news agency said.

According to the same sources, it was agreed - inter alia - that the work and social security status of PPC staff will be upheld, that local communities will be safeguarded and that "small PPC" will include 30% of PPC's assets and liabilities, the news agency added.

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