PPC

Standard & Poor’s on Friday raised the credit rating of Greece 's Public Power Corporation to B from CCC, PPC said in a statement. The country’s electricity utility stressed that this significant upgrading was the justification of efforts made by...

Greek consumers who've tried to save on their electric bills will be whacked with an increase in their rate while those who use more will see a cut, and find their bills subsidized by those who use less. The higher...

While Greek households continue to struggle with utility bills hiked during a crushing economic crisis, big businesses are going to get discounts up to 20 percent for one year with the option of a 12-month extension, the Public Power...

The streets of the island of Rhodes are flooded because of heavy rain on Thursday afternoon. The Fire Department has received numerous calls about flooding and related traffic problems. The authorities are on full alert, according to local news website...

Greece said it will turn the power back on in households where people can't afford to pay their electric bills following the carbon monoxide death of a girl whose had turned to using a makeshift stove, and after a...

Buried under crushing austerity measures imposed to offset a staggering debt largely caused by generations of political parties hiring hundreds of thousands of needless workers for the public payroll, Greeks can't afford electricity, with unpaid bills growing at the...

The Greek island of Santorini, one of the most popular tourist destinations in Greece, was plunged into darkness once again at 9:00 p.m. on August 15, leaving the island with no electricity at the worst moment possible, when the...

Set to welcome a record 1.9 million tourists this year, Santorini's big year ran into a problem on Aug. 13 when a fire broke out at a Public Power Corporation (PPC) station, creating a power failure that continued into...

A special property tax levy that doubled the amount due, and which was put into electricity bills in 2011 - for what was supposed to be a one-year only payment - will be rolled into a single package with...

Santorini and Thirasia have been facing a blackout since noon because of a fire which broke out at 12.00 at the Public Power Corporation’s power station in Santorini, which supplies the two islands with electricity. No injuries were caused...