Calamos Supports Greece

GENOP-DEH

PPC Labor Union Announces Strikes Against Sale of Power Production Units

The labor union of Greece’s power utility PPC announced on Monday it will call strikes against the government’s decision to sell some of the company’s lignite plants, its president Giorgos Adamidis told the Athens-Macedonian News Agency, after a meeting...

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...

Rotating Blackouts in Greece due to PPC Union Strike

The management of Greece's state-controlled power utility Public Power Corporation (PPC) and the network transmission system operator are planning rotating blackouts in different areas starting from early on Thursday morning, when the strike action called by the PPC workers' union...

GENOP-DEH Goes on Rolling 48-Hour Strikes

Greek electricity power company's GENOP-DEH Board of Directors has decided to go on rotating 48-hour strikes to protest against the draft legislation for the creation of “minor DEH,” which is expected to be presented to the relevant Parliamentary Committee...

Power Workers Call Rotating Strikes

Greek power workers Friday announced plans to begin rolling 48-hour strikes as early as next week to protest the new austerity measures the government is demanding from its increasingly restive population. In the past such strikes have led to rotating...