Antitrust: Commission opens investigation into PPC’s behaviour in the Greek wholesale electricity market

This article is brought to you in association with the European Commission. The European Commission has opened a formal antitrust investigation to assess possible abusive behaviour by Public Power Corporation (‘PPC’) in the wholesale Greek electricity sector. Executive Vice-President Margrethe Vestager, in charge of competition policy said: “We all rely on well-functioning electricity markets. Today we […]

Germany may have a stable and more cooperative government

The center right and center left German mainstream political parties agreed yesterday evening to form a new grand coalition government. It will be the third time since 2005 the two Christian parties and the socialists jointly govern their country. The socialists will control the Finance, Foreign and Labor ministries, with Martin Schulz, the Social Democratic […]

The Americans are preparing for the next financial crisis

Last week, Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, in more than one ways revealed that the American central bank prepares to confront the next financial downturn. On Wednesday, 28 September, speaking at the House Financial Services Committee in Washington D.C. , she defended the Fed’s rigorous supervision over […]