10 YEAR GREEK BOND - GREECE RISK PREMIUM




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PPC

According to electricity market operator’s (LAGIE) latest report for electricity market,  PPC’s retail market share  in April fell to 82% from 82.75% in March. The three largest independent retailers (Heron 3.98%, Elpedison 3.63% and Mytilineos 3.72%) witnessed small changes in their market shares.  Recall that PPC’s market share (according to targets set by the MoU signed between Greece and foreign creditors) should fall below 62.24% by the end of 2018 and below 50% by the end of 2019, however it is likely that these targets will be revised upwards as creditors appear to accept Energy Ministry’s proposal to exclude HV and energy intensive MV customers from the market share calculation.
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Piraeus Bank

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FF GROUP

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