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Greece’s PPC to hire collection agencies to pursue overdue payments

Greece’s Public Power Company (DEH) intends to hire a private collection agency to manage arrears to the public utility, Chairman and CEO Manolis Panagiotakis announced on Wednesday. “They promised us a 10-percent collectability increase,”the PPC CEO told a committee at the Greek Parliament. As expected Panagiotakis’ announcement triggered an outrage …

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Athens: Cretan farmers out of control clash with riot police

Anger, brawl, smash, sticks, stones, tear gas, sound flares, injuries, detentions. This is the picture at Vathis Square in downtown Athens on Wednesday morning, after hundreds of angry farmers from Crete set out to protest taxation and social security contributions. First, the farmers first got angry because of  the presence …

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