Greece

Greece’s dominant energy utility PPC, has teamed up with telecom operator Forthnet, to explore the possibility of cooperation in their relevant sectors in Greece, PPC said on Wednesday. The two companies will look to develop combined telecoms and power services,...

Many Greek citizens have not paid their electricity bill and have decided to steal electricity instead. Electricity theft is costing Greece’s dominant power utility Public Power Corporation (PPC) about 170 million euros in lost income each year, the company said...

The labor union of Greece’s power utility PPC announced on Monday it will call strikes against the government’s decision to sell some of the company’s lignite plants, its president Giorgos Adamidis told the Athens-Macedonian News Agency, after a meeting...

With winter rapidly approaching, Greece’s Public Power Corporation is cutting off the power to 30,000 customers a month who can’t pay rising bills as their pay has been cut, taxes hiked and pensions slashed – but is mostly sparing...

Greece’s power utility PPC announced on Wednesday that China’s State Grid Corporation has submitted the winning bid for a 24 percent stake in grid operator ADMIE, offering 320 million euros. The other candidate was a consortium led by Italy’s Terna. PPC’s...

The new government’s Energy and Environment Minister, Costis Hatzidakis, has said that two of Greece’s biggest investment projects that have been stalled or blocked for years, will be immediately revived.   The Helliniko privatization in coastal southeast Athens and the Skouries...

The government aims to close all pending issues in Greece’s second program review at the next Eurogroup, Energy Minister Giorgos Stathakis said in an interview with newspaper Alithines Edeseis on Saturday, adding that he is in favor of a...

The actions needed to ensure the timely conclusion of the privatisation of the country's power grid operator ADMIE were discussed in a meeting between Finance Minister Euclid Tsakalotos, Environment and Energy Minister Giorgos Stathakis, along with the management of Greece’s...

Numerous articles have been published since Greek Prime Minister Alexis Tsipras reached an agreement with creditors, on how the country will be able to pay back its bailout. TIME magazine and the Business Insider explored Greece's options in regards to the country's islands,...

Electricity bills for most Greek consumers will go up 9 percent retroactively to Jan. 1, while a 100 percent property tax surcharge is still being tacked on to utility bills under the threat of power being disconnected, although state...

ATHENS – Short on cash and unable to pay its providers, Greece’s state-owned gas provider DEPA, supplied primarily by Russia’s Gazprom, has asked domestic banks for a loan needed to keep the power running, including to the country’s electricity...