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Tag Archives: bills

Greek Chambers urge for lower energy bills

A decline in energy cost must be rapidly reflected on Greek households’ and enterprises’ energy bills, Yiannis Masoutis, president of the Union of Hellenic Chambers said on Thursday. “It is a top priority that needs to become reality, without any delay, to rapidly reflect a decline in energy cost (electricity …

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New electricity tariffs without adjustment clause to be announced

Energy suppliers in Greece will have been announced new electricity tariffs by next Sunday, July 10, media report. The new tariffs will not include the adjustment clause and will be effective as of August, 1, 2022 The government aspires with the combination of measures implemented in the wholesale and retail …

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Half of Greeks unable to cope with bills due to pandemic, survey finds

Greeks ranked lowest among 24 countries in Europe for the second time in terms of their ability to pay their bills in 2020, according to the annual European Payment Report published by Intrum. The survey also found that nearly half saw their incomes drop as a result of the coronavirus …

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Greece’s power company PPC to sell unpaid bills to JPMorgan

Public Power Corporation (PPC) , Greece’s biggest utility, is close to selling off a bundle of unpaid bills worth about 300 million euros in a secularization deal with JPMorgan, two sources close to the matter told news agency reuters on Tuesday. PPC, which is 51% state-owned, is struggling under a …

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PPC asks consumers to measure electricity consumption by themselves

The Greek Public Power Company (PPC/DEH) has reportedly asked consumers to conduct measurements on their home electricity consumption and declare it to the company officers. Consumers have denounced this to media. According to news website, PPC subscribers who have not received their bills for several months have turned to …

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Survey: 4:10 Greeks borrow money to pay their bills

Four out of ten Greeks borrow money in order to pay utility and other bills. Also 40% states that they have not enough money to live a decent life due to lay-offs, unemployment, wage cuts, increased taxes and the price of heating oil, and declare that utility bills -electricity, telephone, …

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