Tag: restructuring

EPS needs urgent reforms to increase electricity production – Serbia, 10 July 2019

Serbian Fiscal Council said that state-owned power utility EPS needs to perform long-delayed reforms to aimed at reducing distribution losses and reducing contributions to the state budget in order to increase its production capacities and introduce environmental standards. Increasing the price of e Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

New Energy Minister announces rescue plan for PPC – Greece, 09 July 2019

Following the win on early elections held last weekend, New Democracy unveiled the new Prime Minister and the new cabinet with Kostis Hatzidakis as the new Minister of Energy and Environment. His first task will be to deal with the debt-ridden state-controlled Public Power Corporation (PPC). Mini Full article available for subscribers of Energy NEWS […]

IMF pleased with EPS’ improved business efficiency – Serbia, 01 October 2018

The head of the International Monetary Fund (IMF) mission to Serbia, James Roaf said that state-owned power utility EPS has significantly improved efficiency of its operations in the last three years. Roaf said that the IMF is pleased with EPS’ improvements in terms of business efficiency and bel Full article available for subscribers of Energy […]