Greece

Greece's Public Power Corporation (PPC) on Thursday reported a 66 percent drop in the nine-month net profit. The public utility that has monopolized the electricity market for decades, has suffered losses after hiking prices and the inability of customers to...

About 20 members of Rubicon anarchist group, on Thursday, entered the offices of Public Power Corporation in central Athens and threw flyers against the company. It was around noon when the anarchists entered the building and threw flyers around the...

Greece and international creditors on Tuesday agreed on the sale of the lignite production plants in Megalopolis and Meliti that belong to the Public Power Corporation. Energy sector privatizations are part of the prerequisites lenders have set for the completion...

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,...

China Development Bank (CDB) and Public Power Corporation (PPC) will sign a memorandum of understanding (MoU) on Saturday, September 9, in Thessaloniki, during a conference organized within the framework of the 82nd Thessaloniki International Fair (TIF). The conference, entitled "Investment...

Greek citizens, private businesses as well as municipalities owe the Public Power Corporation (DEH), Greece'e state owned electricity provider, two billion euros. During an interview with newspaper 'Epochi' Greek Energy Minister Panos Skourletis noted that as a result of the growing amounts...

Greek Productive Reconstruction, Energy and Environment Minister Panos Skourletis addressed the future of Greece's state-owned utility company Public Power Corporation (DEI) and the future of energy in Greece, during an interview with realfm 97.8 radio station, on Monday. The Greek state currently...

Greece’s Public Power Corporation (PPC) will launch a subsidiary company in Turkey. The new company will trade in electrical energy and will have a share capital of 2 million Turkish liras (about 686,000 euros). According to a PPC announcement on...

Trade unions of the Public Power Corporation S.A. Hellas (DEI) have announced their plans for continuous strikes starting on Monday at midnight. On Wednesday, January 29, the unions will gather at Korai square and march towards Syntagma, the centre of...

As of the following Monday, June 20, the Public Power Corporation (PPC) staff union GENOP is scheduled to begin a series of rolling 48-hour strikes protesting against the further privatization of the power utility. The strike is expected to...

The new President and CEO of the Public Power Corporation (PPC), Greece's struggling public power utility, will present a 500-million-euro rescue package to the company's board on Friday. According to the Athens-Macedonian News Agency (AMNA), rate hikes will be offset by...

The Minister for Environment and Energy, Kostis Hatzidakis, mentioned this morning to SKAI, that the electrification system in Greece is facing big problems. The power system in the country is at its limit. "If there is a blackout, there is...

With only days left before Sunday's national elections in Greece, the conservative New Democracy party looks likely to be the winner, ousting the first leftist government in Greek history that ruled for the past four and a half years. Prime...

The Greek Public Power Corporation (PPC), the largest publicly-owned utility in the country, announced on Tuesday losses amounting to 542 million euros for 2018. PPC’s turnover in 2018 amounted to 4.7 billion euros, compared to 4.9 billion euros in 2017....

Greece’s Electricity Distribution Network Operator (DEDDIE) sent a clear warning on Friday that Greece's largest island, Crete, will experience power blackouts in the summer unless special measures are taken. DEDDIE sent an open letter to the Public Power Corporation, the...