RAE
Greek News
Water Supplier Privatization Might Be Next in Greece
The Greek government has introduced a bill that could pave the way to the privatization of the water supply in Greece.
The bill was introduced with limited public consultation this week, days before the date of the general elections is...
Economy
Experts Warn Crete Will Experience Power Blackouts This Summer
Greece’s Electricity Distribution Network Operator (DEDDIE) sent a clear warning on Friday that Greece's largest island, Crete, will experience power blackouts in the summer unless special measures are taken.
DEDDIE sent an open letter to the Public Power Corporation, the...
Economy
Greek Energy Ministry Amendment Cancels Rises of Special Duty in Electricity Bills
The Greek Ministry of Productive Reconstruction, Environment and Energy announced on Sunday it is cancelling the increases in the special duty for the reduction of gas emissions (ETMEAR), which had been decided by Greece’s power regulator RAE, with an...
Economy
Greek Electric, Gas Utilities Ask Banks for a Bailout Too
ATHENS – Short on cash and unable to pay its providers, Greece’s state-owned gas provider DEPA, supplied primarily by Russia’s Gazprom, has asked domestic banks for a loan needed to keep the power running, including to the country’s electricity...