Zervos

Electricity bills for most Greek consumers will go up 9 percent retroactively to Jan. 1, while a 100 percent property tax surcharge is still being tacked on to utility bills under the threat of power being disconnected, although state...

With winter rapidly approaching, Greece’s Public Power Corporation is cutting off the power to 30,000 customers a month who can’t pay rising bills as their pay has been cut, taxes hiked and pensions slashed – but is mostly sparing...

ATHENS – Former U.S. President Bill Clinton will be in Greece this weekend to promote "The Hellenic Initiative," an initiative organized by Greeks of the Diaspora that aims to help Greece overcome the current crisis. The program aims to...

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...