The report of the Pissarides committee proposes:

DEKO: Establishment of a unified performance monitoring and control framework with specific key performance indicators (KPIs)

APPLIED

Evaluation

In accordance with article 4 of Law 4972/2022, the "Policy of State Ownership of Joint-Stock Companies" is developed, which sets out the ultimate purpose of state ownership of businesses, the reasons why the state establishes or owns shares in joint-stock companies, the role of the state in the governance of companies, as well as the way in which the state and public services implement ownership policy.

According to article 5, a declaration of special obligations, lasting three (3) years, is concluded between the company and the State, represented by the Minister of Finance and the minister supervising the company. The declaration defines the company's relations and obligations towards the state, as well as the goals that the company undertakes to achieve within the framework of the approved strategic and business plan and its annual budget. Paragraph 3 states that the performance indicators and the objectives described in the statement of special obligations are the basis for the formation of the individual contract of achievement of objectives and the annual special reward (bonus).

Therefore, the proposal is assessed as implemented.

Sources

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