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Europe Daily Bulletin No. 12679

17 March 2021
ECONOMY - FINANCE - BUSINESS / Competition
State-owned PPC suspected of abusive behaviour on Greek wholesale electricity market
Brussels, 16/03/2021 (Agence Europe)

The European Commission decided on Tuesday 16 March to launch an investigation into possible abusive behaviour by the Public Power Corporation (‘PPC’) in the wholesale electricity supply sector in Greece.

According to Margrethe Vestager, Executive Vice-President responsible for competition policy, PPC’s behaviour on the wholesale electricity markets in Greece “may have distorted competition and slowed down investment in greener energy production”. Greece has recently embarked on...

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EU RESPONSE TO COVID-19
ECONOMY - FINANCE - BUSINESS
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