Wednesday September 3, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
EYDAP chief suggests water rates may drop

By Giorgos Lialios

The head of the Athens Water and Sewage Company (EYDAP) said on Wednesday that water rates may be set to drop as he considers them to be too high. He avoided taking a clear position regarding the utility’s privatization, saying that his role is that of a manager, but he did stress his vehement opposition to further salary cuts for EYDAP employees and price hikes for water.

In the first formal meeting between an EYDAP chief and the press in a long time, chairman and chief executive Stelios Stavridis applauded the social role of the utility and the quality of its staff, while scolding local authorities around the country for hiring consultants on water issues instead of tapping into the experience of the company for free.

Questioned about the utility’s planned privatization, Stavridis responded, “I do not sell the company, I run it, and it is very important ahead of its privatization that it maintains its high level of service.” However, the 2,500 EYDAP employees have a different view, as they have positioned themselves against the utility’s sell-off and have threatened “war” if such a move is implemented. Stavridis himself appeared somewhat reserved, saying that he considers EYDAP priceless: “Attractive assets come at a high price. They are not sold on the cheap.”

On the company’s price policy, he categorically ruled out any hikes: “Whoever starts such a conversation in Greece is either oblivious of his surroundings or is doing it on purpose,” he stated. He added that water is currently overpriced and said he may propose a reduction in rates as well as the abolition of various consumer charges that he deems to be unnecessary, such as the charge for possible leaks. He noted that his proposals on the rationalization of water bills would be ready in a couple of months.

The public sector is known to owe hundreds of millions of euros to the company in unpaid bills and subsidies. Stavridis told reporters that the state owes EYDAP about 523 million euros (after failing to pay the subsidies for the utility’s investment program in the 2000-08 period), local authorities owe 340 million euros in unpaid bills, while the debts of ministries and other state corporations add up to 32 million euros. Major enterprises have run up debts of 17 million euros in total.

The EYDAP chief added that the company cuts the supply to 22,000 customers every year due to debts, with about 6,000 of those not getting reconnected. Cases of leaks in domestic water networks amount to 90,000 per year, which burdens consumers with an average charge of 100 euros per annum.

ekathimerini.com , Thursday Jan 17, 2013 (22:11)  
Helexpo sell-off plan to be ready by mid-October
Maniatis talks energy with Washington’s man in Athens
Task force to examine cases of extreme taxation, customs issues
Hotels hike prices by 10 pct in H1 of 2014
Report points to suspicious clinic charges to EOPYY
A quarter of all the expenses submitted last year by private health clinics to EOPYY, the country’s largest healthcare provider, have been deemed suspicious and in need of further investigat...
New rector seeks to introduce ID checks at University of Athens
One day after his swearing-in ceremony was marred by protests against budget cuts and the expulsion of thousands of so-called eternal students, the new rector at the University of Athens, Th...
Inside News
Grateful Saviola thanks Olympiakos, joins Verona
Former Argentina international Javier Saviola has thanked Greek champions Olympiakos for the "beautiful moments" during his season-long stint in Greece as he left the club to join Serie A ou...
SOCCER
Greece defender Papadopoulos fires parting shot at Michel
International defender Avraam Papadopoulos suddenly quit Olympiakos on Monday to join Turkish club Trabzonspor, and fired a parting shot at Olympiakos manager Michel putting the blame on the...
Inside Sports
COMMENTARY
Politicized archaeology
Let us suppose that archaeologists discover that the tomb uncovered in Amphipolis was not the resting place of Roxana or Nearchos, but of Alexander the Great. Let us assume, that is, that ar...
EDITORIAL
Moderating expectations
Politics is, to a great extent, all about managing expectations, and anyone who raises that bar too high or too fast is at serious risk of disappointing and losing the people’s favor. In a c...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Helexpo sell-off plan to be ready by mid-October
2. Maniatis talks energy with Washington’s man in Athens
3. Task force to examine cases of extreme taxation, customs issues
4. Hotels hike prices by 10 pct in H1 of 2014
5. Pension system nears breaking point
6. Report points to suspicious clinic charges to EOPYY
more news
Today
This Week
1. Politicized archaeology
2. Rain and storms with hail expected in many parts of Greece
3. Reforms to dominate Greek talks in Paris, debt relief talks later, says source
4. New committee formed to assess progress of deregulation in closed-shop professions
5. Moderating expectations
6. Greece needs private debt overhaul, Piraeus Bank CEO says
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. The battle against progress
3. Strong undersea quake occurs off island of Milos, felt in Athens
4. Hardouvelis, ECB executive discuss bank program, stress tests
5. Greek quest for debt relief faces hurdles in Paris
6. Prospect of Greek grand prix back on the agenda; huge investment needed
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.