A Three-Members Appeals Court in Athens sentenced seven top unionists of Greece’s Public Power Corporation union GENOP-DEH to 3 to 5 years imprisonment for the so-called “Golden Subsidies,” according to which the union would be granted thousands of euro that was spent in luxurious travels and other . The court …
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McKinsey report brings down Greece’s PPC stocks
Stocks of Greece Public’s Power Corporation (PPC/DEH) have been targeted by traders in Athens Stock Exchange of Monday, after a report of McKinsey consulting group described PPC as “unsustainable” and warned of “tough conditions the banks want in order to refinance the company’s loans.” PPC shares had recorded losses of …
Read More »Shipping company urges Patras Port authorities to take measures against migrants
A big shipping company is allegedly threatening to halt its route schedules to Italy if authorities do not take measures against migrants at the port of Patras, in North-West Peloponnese. The company Grimaldi Lines has reportedly said it will have its ferries operate from the port of Igoumenitsa in West …
Read More »PPC bill paid at Postal Service? What to do to clear debt, secure 15% discount
Many customers of Greece’s Public Power Corporation (PPC/DEH) found themselves to be debtors to PPC/DEH although they had paid their bills on time. Not only have they missed the 15% discount for payment in time, they also saw their electricity bills charged with interest fees. And some are at risk …
Read More »Greece’s Postal Service deliberately withholds money consumers paid for PPC bills
Thousands of Greeks appear to have debts to Public Power Corporation (DEH) although they have paid their bills in time. Not only have they been deprived of the 15% discount for payment on time, they are also at risk to have the power supply in their homes and businesses cut. …
Read More »Unknown Greek Unionist vs Unknown Soldier: A picture triggers outrage
Relaxed, with a string of worry beads – kompoloi – in his hands, a Greek unionist steps one foot on the Monument of the Unknown Soldier in front of the Greek Palriament. The unionist from powerful GENOP-DEH of workers at Public Power Corporation (DEH) is obviously tired. Together with his …
Read More »Power workers union to launch rolling 48h strikes opposing PPC privatization, lignite plants sale
The powerful workers union GENOP-PEH at Greece’s Public Power Corporation (PPC) have announced to launch rolling 48-hour strikes that will start as of 00:01 Monday, April 23rd 2018. The union will launch also a 3-hour work stoppage on Friday, Apr 20, and a protest outside the PPC headquarters in downtown …
Read More »Greeks, foreigners arrested for cultivating cannabis worth 4 million euros
Greek police cracked down a criminal gang cultivating cannabis and turned into expensive crystalline hemp in Athens. It is one of the biggest drugs trafficking gangs operating in Greece, its members are form Greece, Vietnam, the Netherlands and the Czech Republic. The financial benefits for the gang members estimated to …
Read More »Dozens of villages without power as snow-weather strikes Greece (videos, picts)
Half mainland of Greece is covered by snow, large parts of the Thessaly lowlands are covered by water. Strong winds have forced authorities to halt locally sea traffic for ferries and ships. Many schools in Macedonia and Central Greece are closed on Monday due to snow- and rainfalls as well …
Read More »Furious senior spills gasoline in PPC office and staff after power cut due to debts
A senior in outrage poured gasoline in the offices and employees of Greek Public Power Corporation (PPC/DEH) and would have set everyone and everything alight hadn’t the police manage to take him under control just moments before the disaster would break out. The 70-year-old pensioner went to the local branch …
Read More »Four Cyclades islands to be electrified with underwater cable from Attica
Four of the largest islands of the Cyclades group in the Aegean Sea will be supplied with power via an underwater cable as of next month. This connection will put an end to environmental polluting units of the Greek Public Power Corporation [PPC. DEH],” the state broadcaster ERT said in …
Read More »The Greek Grinch, PPC, will steal Christmas to 24K households due to outstanding debts
Thousands of Greek households will spend Christmas holidays in the darkness. Greece’s Public Power Corporation (PPC/DEH) plans to proceed to power cuts to 35,000 private and commercial subscribers by the end of the year due to unpaid electricity bills. The plan foresees 2,000 power cuts per day until the end …
Read More »Greek Railways manager, employees among the arrested for illegally selling scrap to gang
Employees at the Hellenic Railways Organization (OSE) are among the 19 people the Greek Police arrested for having formed a gang that was stealing railway equipment estimated worth of 7 million euros. Eight OSE workers – a manager and several employees but also an employee at the Greek Public Power …
Read More »PM Tsipras announces to distribute €1.4billion in one-off Christmas bonus to austerity-hit Greeks
Stunned and with hanging jaws Greeks saw and heard Prime Minister Alexis Tsipras announcing that he will hand out 1.4 billion euros as one-off “social dividend” in December. “The welfare benefits totaling 1.4 billion euros, is more than double than that paid out last year (600 million euros) and this …
Read More »PPC hires consortium to collect €2.4bn debts, increases interest on outstanding bills
Greece’s Public Power Company (DEH) is turning to radical measures to tackle the problem of unpaid bills, amounting to more than 2.4 billion euros. The PPC not only increases the interest rate in outstanding bills, it also hires collector agencies to scare the hell out of those who do not …
Read More »Greece’s Parliamentary Budget Office report with a €84.3-billion error
The Parliamentary Budget Office (PBO) predicted, Greece could be on the verge of bankruptcy again, in a couple of years. In its quarterly report assessing the Greek state budget for the years 2020-2026, the PBO said on Monday, that interests that should be paid in this period of time to …
Read More »Church of Lesvos angers locals as it spends €100K earthquake donations in repair of churches
150,000 Australian dollars in donations were sent to Lesvos as aid for the victims of 6.4R earthquake last June. The local Metropolis decided, however, to spend the money in bricks for churches repair and not for humans in need. The outrage of the local community is big. Diaspora Greeks in …
Read More »Greece’s Public Power Company to sell 500,000 customers in a tender
Greece’s Public Power Company (PPC/DEH) is ready to sell 500,000 of its customers and is awaiting for the necessary legislative arrangements by the government. The PPC management has already prepared a portfolio with the subscribers’ numbers of low- and medium-voltage users. However, several legal issues are open with regards to …
Read More »Electricity bills may increase 20% as RAE wants refund for islands
For the Greek Public Power Company (DEH) and the Regulatory Authority for Energy (RAE) the solution is simple: it will get 100million euros either from the state budget or from the power consumers. The amount comes together from a 50% refund of the special consumption tax (SCT) in the fuel …
Read More »Kos earthquake: Airport traffic with minor delays, sea traffic with small boats via Kalymnos & Nissyros
Transportation to and from the island of Kos is at 90 percent through the airport, Athens News Agency reported on Friday after the earthquake 6.6R caused serious damage at the port of the island. Smaller boats transfer passengers from and to Kos via the islands of Kalymnos and Nissyros, which …
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