Parliamentary Committee Supports PPC Partial Privatization

July 4, 2014
Written by Maria Athens

Today, Parliament supported the partial privatization of Public Power Corporation on the committee level.

Coalition parties New Democracy and PASOK supported the bill, while opposing committee members shot it down. Environment and Energy Minister Yiannis Maniatis offered amendments, that included a regulated minimum price and guaranteed employee's positions for five years. The PPC privatization bill was then backed by the committee. It is predicted that a vote will occur on Wednesday, at the plenary level.

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