Public Power Corporation
Energy
Greece's PPC Plans Expansion to Western Balkans
The Public Power Corporation (PPC) is looking to expand into foreign markets to make up for domestic losses, chairman Manolis Panagiotakis announced at a general meeting of shareholders on Monday.
Panagiotakis mentioned expanding PPC to Turkey and Tirana, Albania in...
Energy
Greek Public Power Corporation is Owed 2 Billion Euros
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...
Business
PPC Management Meets Greek MEPs on Free CO2 Emission Certificates
Public Power Corporation's (PPC) management expressed the company's demand for free emission certificates of carbon dioxide to Greece as of 2016 at a meeting with Greek MEPs who were also briefed on the company's positions regarding the liberalization of...
Economy
Greek Energy Minister Asserts Greek Public Power Corporation Will Not Be Further Privatized
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
Greek Gov't Working on Plan to Lower Electricity Rates, Sources Say
The Productive Reconstruction, Environment and Energy ministry is working with Greece 's Public Power Corporation (PPC) on a plan to lower electricity rates, government sources said on Tuesday.
Responding to media criticism of a decision to improve the pay package...
Economy
Greek Govt Work Coordination Minister: Water and Energy Not for Sale
Greek Government Work Coordination Minister Alekos Flabouraris stated that energy and water will never be privatized in Greece.
In an interview to Greek radio, Flabouraris said that the Public Power Corporation (PPC) will not be privatized and the same applies to the...
Economy
Minister of Productive Reconstruction: No Privatization of Power and Gas Companies
Minister of Productive Reconstruction, Environment and Energy Panagiotis Lafazanis announced today in parliament that the new government will put an end to privatization of public companies and implement all policies announced by the prime minister on Sunday.
Lafazanis announced the cancellation...
Business
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...
Economy
Athens Stock Exchange Recording Losses of 7.35% During Third Consecutive Day of Fall
New dramatic free fall recorded the Athens Stock Exchange (ASE), which sank to a new year low, amid the worsening climate in the markets due to political uncertainty, while the Greek 10-year bond recorded a worrying increase over 9%.
The...
Energy
PPC Announces Higher Electricity Rates
Public Power Corporation (PPC) on Monday announced electricity rate increases up to 11 percent for household customers with electricity consumption of up to 800 kW over a four-month period and rate decreases of up to 3.4 percent for small and...