Source Pravda.Ru

Greek government outlines guidelines for liberalization electricity and gas markets

The Greek government on Tuesday approved guidelines to liberalize the electricity and gas markets, after EU officials warned that Greece could miss a deadline for deregulating its energy center. The two bills will be tabled in parliament to provide "the regulatory framework for the liberalization of the energy market," Development Minister Dimitris Sioufas said. All 25 EU nations are obliged to fully open their electricity and gas markets by July 2007.

The European Commission warned July 4 that it was ready to launch court cases against Greece and four other countries that it said had failed to deregulate national energy markets, the AP reports.

Greece's state-run Public Power Corporation and Depa currently dominate the supply of electricity and natural gas. Sioufas said government also approved a third bill aimed at increasing production of biofuels - produced by decomposing organic material - as part of an EU-wide drive to have at least 2 percent of all transport fuel deriving from biofuels by the end of the year, and 5.75 percent by 2010. Sioufas did not say when the bills would be presented to parliament. PPC's workers' union opposes the new regulations, and has threatened to strike when the draft legislation is debated in parliament. AM

Comments
Putin: Russian servicemen return home from Syria as victors
Mikhail Saakashvili's bumpy ride in politics: From chewing his tie to climbing on rooftop
Human Rights Day: Let us hang our heads in shame
Russian general says allegations of his involvement in MH17 crash are stupid
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Human Rights Day: Let us hang our heads in shame
Elon Musk sells old ideas to NASA under the guise of unprecedented innovations
Elon Musk sells old ideas to NASA under the guise of unprecedented innovations
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Atmosphere above Russia contaminated with radioactive substance
IOC bars Russian athletes, excludes Russian national anthem and flag from Winter Olympics 2018
IOC bars Russian athletes, excludes Russian national anthem and flag from Winter Olympics 2018
Americans force Russia to create weapons even more powerful than S-500
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Serbia forgives USA for 1999 bombings, forgets all victims, holds joint drills with NATO
Atmosphere above Russia contaminated with radioactive substance
Russian general says allegations of his involvement in MH17 crash are stupid
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Why did Donald Trump recognise Jerusalem as the capital of Israel?
Russia unveils the date for the launch of the superbridge to Crimea