ECONOMY

Unpaid PPC bills exceed 2 billion euros

unpaid-ppc-bills-exceed-2-billion-euros

The amount owed to the Public Power Corporation by its customers tops 2 billion euros, the head of the GENOP workers’ union, Giorgos Adamidis, told the Athens-Macedonian News Agency Monday.

Adamidis said the bulk (over 1.5 billion euros) is owed by households. Big business owes another 280 millon, followed by the state, with debts of 220 million. Households who have switched to other providers owe 300 million of the above amount and Adamidis said PPC has spoken to the Regulatory Authority for Energy (RAE) about preventing customers from leaving the firm if they have not paid their bills.