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Tag Archives: PPC

Mavropigi SOS: Puppies and adult dogs at risk as PPC demolishes the village

More than 50 dogs, puppies and adult dogs are in urgent need of help and adoption. Their lives are at risk as Greece’s Public Power Company PPC is forwarding with the  demolition of the abandoned village of Mavropigi by Kozani in Western Macedonia, in order to proceed with the coal …

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Power disconnections due to debts skyrocket by 313% in last three years

Thousands of households across Greece see technical teams of public power supplier PPC to disconnect the electricity supply on daily basis. Electricity disconnections to households and businesses due to debts to power suppliers have increased by 313% in the last three years. The official data of the Regulatory Authority for …

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No plans for further rate hikes in electricity, says Energy Minister

Public Power Corporation (PPC) stands to gain roughly 300 million euros from the measures for a special renewable energy sources account. This will create significant room in terms of pricing policy and put an end to any discussion of rate hikes for electricity, Environment and Energy Minister George Stathakis said …

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Court sentences 7 top PPC unionists for fraud: 3 to 5 years on suspension

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 …

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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 …

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Energy businessman, ex PPC chief face charges for kickbacks

Greek prosecuting authorities pressed criminal charges of bribery and money-laundering against a former CEO of the Public Power Corporation, Stergios Nezis, and businessman Evangelos Mytilineos on Wendesday. The charges concern a bribe of 250,000 euros allegedly accepted by Nezis in order to award METKA, a Mytilineos Group company, a contract …

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Public outcry forces PPC to reconnect power to lung-patient

It needed the media intervention for Greece’s Public Power Corporation to show a humane face. An exclusive report of local media Lamianow on Friday afternoon was reproduced by hundreds of local and national media, news websites and blogs and exposed the merciless power supply cut to a poor household thus …

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Lung-Patient hospitalized in serious condition after PPC cuts power to poor household

Outstanding debts? No settlement? Poverty? Sickness? Greek Public Power Company knows no mercy.  The public company sent a crew and cut the power supply to a couple that has been living under the poverty line and furthermore the man has been suffering from Chronic Obstructive Pulmonary Disease (COPD), a lung …

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Greece’s Public Power Corp to expand in Turkey, says PPC chairman

Greece’s Public Power Corporation. (PPC) aims to expand its investments in Turkey, the company’s Chairman Manolis Panagiotakis said Wednesday in an interview with Anadolou News Agency. The country’s major power utility has an 85 percent share in the retail market, but agreed to reduce its share to below 50 percent …

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Fifteen investors interested in acquiring PPC lignite-fired power plants

The market test for the sale of the Public Power Corporation’s (PPC) lignite fired power plants has been completed “with absolute success,” the environment and energy ministry announced on Sunday. Fifteen investors expressed interest in acquiring at least one of the plants up for sale (in Florina and Megalopolis), the …

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Ghost of Christmas Present: PPC cuts power to mother of four

Ignorance? Want? Ugly, mean and greedy little creatures? That was in mid-Victorian England and in Charles Dickens’ A Christmas Carol.  In the novel that has touched millions people ever since it was first published in 1843, ‘the two emaciated children” grow up to be adults, Ignorance as adult man in …

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Property owner beats PPC worker cutting power due to debts

A property owner on the island of Syros beat a worker at the Public Power Company when he attempted to cut the power due to debts. However, the alleged attacker’s family says that the worker pushed back the 71-year-old man. The worker was submitted to hospital where doctors treated his …

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