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Athens Macedonian News Agency: News in English, 15-07-31

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Potami party will ally with the devil to save the country, its leader Theodorakis says
  • [02] Greece drafts new bill for the sale of Piraeus Port‏
  • [03] Electricity demand rises to 2015 highs because of heatwave

  • [01] Potami party will ally with the devil to save the country, its leader Theodorakis says

    "Potami party will ally with the devil at this time to save the country, but this does not mean that in the elections it will align with the old political system," its leader Stavros Theodorakis on Friday said in statements to Focus FM radio station.

    He underlined that the parties that want to govern should have cleared out from the beginning their intentions. Regarding the new memorandum, he said that deputies "are obliged to vote for it in order to save the country, but we have to see what we can change, what we can improve."

    [02] Greece drafts new bill for the sale of Piraeus Port‏

    A draft law envisaging a new concession contract between the Greek state and Piraeus Port Organization -still pending- will pave the way for the submission of binding offers in a tender to buy 51 pct in Piraeus port by the three candidate investors participating in the second phase of the tender (COSCO, AMP Terminals Maersk, ICTSI).

    The whole process is expected to be completed by the end of September according to a timetable set. The new draft bill is expected to be tabled to Parliament. Drafting of the bill began in December 2014 but failed to be completed because of the general elections. The Greek state has signed a master concession contract with Piraeus Port Organization offering exclusive rights of use and exploitation of land, buildings and infrastructure. Property rights will remain in the Greek state. Piraeus Port has also administration and regulatory authorities and agreed to pay a 2.0 pct of turnover in exchange for the concession contract.

    ANA-MPA sources, said that Hellenic Republic Asset Development Fund and the Piraeus Port Organization, along with government ministries, were working on a draft legislation for the sale of a 51 pct of Piraeus Port's shares to investors and to create a port authority in Piraeus taking over all administration and regulatory powers. Piraeus Port will be able to perform only commercial activity.

    The same sources said that this model will be used for the other ports in the country.

    Merchant Marine Minister Thodoris Dritsas recently said that despite he was personally against selling the port of Piraeus he noted that preparations were under way for a new concession contract. Cargo management officials told ANA-MPA that a swift completion of the port's sale will give a signal to international investment community that Greece supported investments in the country.

    [03] Electricity demand rises to 2015 highs because of heatwave

    Domestic demand for electricity rose to the highest level this year as a heatwave hitting the country has raised the use of air conditioning systems. Despite an economic crisis, that has reduced consumption by enterprises, demand approached 10,000 MW in recent days and this demand was basically covered by domestic energy sources as electricity imports have been reduced.

    Electricity demand on Monday was 9,153 MW, on Tuesday it rose to 9,432 MW and on Wednesday it rose to 9,674 MW, while on Thursday it rose to 9,732 MW. Electricity imports during this period covered around 8-12 pct of demand, significantly down compared with a more than 25 pct in previous months.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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