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Domestic power rates will rise from July 1

The abolition of a series of subsidies on electricity rates, as the bailout agreement between Athens and its creditors dictates, will mean that as of July 1 homes consuming up to 800 kilowatt/hours per four-month period will see their power bill increase.

However, small commercial enterprises such as shops will enjoy a decline, according to the chairman and chief executive of Public Power Corporation, Arthuros Zervos.

ekathimerini.com , Friday June 20, 2014 (22:54)  
Greek bank deposits drop in Oct, pause seven-month rise
Greek retail sales rise for fourth month in a row in September
Greek economy expands 0.7 pct q/q in Q3
Athens water supply 9-month profit falls 45 pct on lower charges
Venizelos urges Turkey to respect Cyprus EEZ
Ankara must respect Cyprus's exclusive economic zone (EEZ) if it wants UN-brokered reunification talks to resume, Greek Foreign Minister Evangelos Venizelos said ahead of a weekend visit to ...
Minister opposes plans to establish Islamic Studies department at Thessaloniki university
Minister of Macedonia and Thrace Giorgos Orfanos has criticized plans to establish a department of Islamic Studies at the Theological School of the Aristotle University of Thessaloniki. In c...
Inside News
SOCCER
PAOK is one win from Europa Leagues last 32
A late brace by Stefanos Athanasiadis gifted PAOK a precious win at Dynamo Minsk on Thursday, meaning that the Thessaloniki team is one win away from graduating from the group stage of the E...
BASKETBALL
First defeat for Olympiakos in Euroleague
Olympiakos suffered its first Euroleague loss of the season going down 89-70 at Laboral Kutxa on Thursday, although the Greek team remains the favorite to clinch the top spot in its pool. Th...
Inside Sports
COMMENTARY
Change of US president wont mean change of foreign policy
Americans have again voted for change in Washington as opposition Republicans take control of both houses of the US Congress. As attention now turns to the 2016 presidential race, it's time ...
COMMENTARY
The presidential election paradox
A few days ago, speaking with a visiting colleague who neither works in Europe nor covers events here, I suddenly felt how much we Greeks take for granted some things that should have worrie...
Inside Comment
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RECENT NEWS
1. Venizelos urges Turkey to respect Cyprus EEZ
2. Greek bank deposits drop in Oct, pause seven-month rise
3. Greek retail sales rise for fourth month in a row in September
4. Greek economy expands 0.7 pct q/q in Q3
5. Minister opposes plans to establish Islamic Studies department at Thessaloniki university
6. Samaras meets Venizelos ahead of Turkey visit
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