Greek Productive Reconstruction, Environment and Energy Minister Panos ruled out the privatization of Greece’s Independent Power Transmission Operator (ADMIE) and stressed that the company will remain under state control, ensuring equal access to all energy producers.

Negotiations between Skourletis’ Ministry and Greece’s creditors’ representatives are due to begin on Wednesday and mainly focus on ADMIE’s privatization and other energy market issues.

Based on the Euro Summit decision, ADMIE must either be privatized or alternative measures must be found that have an equivalent result for competition.

In statements after meeting with the Hellenic Federation of Enterprises (SEV) leadership, Skourletis said developments are leading to elections within the year, once an agreement with Greece’s European partners is signed. He also denied the existence of a “Drachma Plan” within the government, at least on a collective policy level.

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