The Greek government is to sell 25% of its former power monopoly to an industry partner in 2003, following a public offering of 15% of the company in October.

UBS Warburg and Deutsche Bank, which are understood to be leading the public offering for Public Power Corporation (PPC), will be early frontrunners to assist with the deal if the government wants an international adviser for the sale, according to a report in the newspaper Imerisia.