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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)  
Schaeuble said to raise possibility of Greek parallel currency
IMF participation in Greek debt talks ´essential,´ German ministry says
Frigoglass bonds surge on plan to sell glass unit to reduce debt
Greece submerges as crisis fallout worse than emerging markets
N17 convict Xeros gets more time for defense on prison breakout plan
November 17 convict Christodoulos Xeros was on Friday given additional time, until next Thursday, to give evidence regarding his failure to return from a prison furlough last year and his al...
Civil aviation staff to hold walkout on holiday weekend
The Federation of Civil Aviation Authority Unions (OSYPA), which does not include air-traffic controllers, on Friday called a 48-hour strike for May 31 and June 1, a walkout that could cause...
Inside News
SOCCER
Four-goal Panathinaikos thrashes Asteras away
Panathinaikos thrashed Asteras at Tripoli to gain an early advantage in the race for a spot in next season’s Champions League qualifiers, as the Super League play-offs got under way on Wedne...
SOCCER
Greek Cup TV rights up in the air
The Appeals Court upheld listed Forthnet’s case against the allocation of the Greek TV rights for the Greek soccer cup in the 2013-2016 period to a Cypriot company that later resold them to ...
Inside Sports
EDUCATION
Consensus is key
The education bill that has been put forward by Greece’s leftist-led government has to be the subject of extensive public consultation. Even more importantly, it needs to be approved in Parl...
COMMENTARY
The other inequality: how the state spends our money
Growing inequality between rich and poor across the world has rightly become the focus of much investigation and analysis. The Organization for Economic Cooperation and Development underline...
Inside Comment
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 RECENT NEWS
1. Schaeuble said to raise possibility of Greek parallel currency
2. IMF participation in Greek debt talks ´essential,´ German ministry says
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5. Civil aviation staff to hold walkout on holiday weekend
6. Quake measuring 4.1 Richter strikes Ionian Sea
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