PPC

The restructuring and privatization of Public Power Corporation S.A., the biggest electric power company in Greece which is controlled to an extent by the government, will be implemented in three stages. The whole process will be completed by the...

Nikos Fotopoulos, who heads GENOP, one of the Public Power Corporation’s (PPC) worker unions, has been released on bail after being questioned in court over two loans the group received from the company's management, which negotiates with him terms...

With unpaid bills piling up at more than $1 million a day, Greece's Public Power Corporation (PPC) said it will give customers who had been paying on time but fallen behind a new installment plan with up to 40...

Unable to pay the cost of electricity or a doubled property tax that is put electric bills, the power is being turned off to about 1,000 Greek households every day, the Public Power Corporation (PPC) has acknowledged, with arrearages...

Moving quickly to fill the critical seat of the country's privatization board after its former chief quit following being charged with breach of duty as Chief Executive of the state utility PPC, the Greek government on March 11 named...

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...

Reversing a lower court decision that ruled it was unlawful for the government to include a doubling of property taxes in electric bills under the threat of turning power off for non-payment, Greece’s Supreme Court on Dec. 19 said...

Despite international aid that has made Greece dependent on bailout loans to keep its economy from collapsing and effectively ceded much of its sovereignty, the country is still being controlled by the iron grip of politicians, the rich and...

Greek Finance Minister Yannis Stournaras says the government intends to develop a 10-year growth plan, although for now he's focused on a pending Supreme Court decision on whether a lower court decision to ban an emergency property tax from...

Greek farmers, many taking to the streets in tractors, protested again against new tax regulations they said would hurt their businesses. Farmers in Karditsa held a rally in their city's center. Larissa’s farmers have organized a rally for Dec. 8...