power cuts in greece as antiprivatisation strike bites
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Power cuts in Greece as anti-privatisation strike bites

Egypt Today, egypt today

Egypt Today, egypt today Power cuts in Greece as anti-privatisation strike bites

Greece's Public Power Corporation
Athens - AFP

Greece faced nationwide power cuts on Thursday as a rolling strike began against government plans to break up the country's main electricity provider.
State power distributor DEDDIE began one-hour cuts in various parts of the mainland as 13 production plants of the Public Power Corporation (PPC) went offline.
The cuts announced on Thursday did not include the Greek islands -- where hundreds of thousands of tourists are currently on holiday -- and the government claimed a wider blackout would be avoided.
"We have the necessary procedures in place to avoid a blackout," Environment and Energy Minister Yiannis Maniatis told Skai TV.
Unions have announced rolling 48-hour strikes against plans to break up the company by 2015 as part of a privatisation drive linked to the country's economic rescue plan.
The liberalisation of Greece's energy market, which has been dominated by state-controlled PPC for decades, is a key requirement for continued loan support from the country's creditors, the EU and IMF.
The new, scaled-down private company would control a 30-percent share of PPC's extensive production resources including  mines and hydroelectric, natural gas and lignite-fired electricity generation plants.
The Greek state has also pledged to sell off 17 percent of its 51 percent stake in PPC. Employee pension funds hold another 3.8 percent.
Main opposition leader Alexis Tsipras of the radical leftist Syriza party has pledged to hold a referendum against the sale.
"The breakup and sale of PPC is a national and economic crime," Tsipras said on Wednesday during a visit to the northern town of Amyntaio in western Macedonia, the region which produces much of Greece's electricity.
"This is not just about the jobs of thousands of employees... it's about the country's safety and self-sufficiency in energy," Tsipras said.

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

power cuts in greece as antiprivatisation strike bites power cuts in greece as antiprivatisation strike bites



GMT 20:45 2017 Wednesday ,16 August

Damietta Port receives four vessels over past 24 hours

GMT 10:14 2017 Monday ,06 November

Helicopter crash details will be announced

GMT 10:13 2018 Tuesday ,11 September

Asian stocks were mixed Tuesday

GMT 11:04 2012 Friday ,14 December

Egyptian Chickpea and Orzo Soup

GMT 07:37 2018 Wednesday ,24 January

Pence to visit Western Wall after pro-Israel speech

GMT 09:31 2016 Wednesday ,18 May

To Translate Children and Young Adult Books

GMT 15:48 2017 Wednesday ,15 November

Nadal pullout leaves Federer as last man standing

GMT 15:08 2012 Wednesday ,08 August

Morsi supports women\'s rights

GMT 21:17 2012 Wednesday ,10 October

Sensex closes 162 points down
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday