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Greek Public Power Corporation

Greek Power Corp. Plans to Assign Unpaid Bills to Debt Collectors

The Greek Public Power Corporation (DEH) is planning to hire a consortium of eight companies in order to settle unpaid energy bills, which currently add up to €2.4 billion. Greek media reported that included in the consortium, is a company which...

New Greek Gov't to Halt Port Sale to China and Power Utility Privatization

The new Greek government will freeze plans to privatize the country’s Public Power Corporation (DEH), the energy minister said on Wednesday. Also, Greece will put a stop to the sale of Piraeus Port to China. “We will halt immediately any privatization...

Greek Public Power Corporation Launches Subsidiary in Turkey

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...

Greece Electricity Rates to Soar Up to 40%

The demand by Greece's creditors for electricity rates to reflect the full cost of production will bring about fresh rate hikes by June 2013, the newspaper Kathimerini reported. As part of a broader deal reached with the Troika of...