PPC denies reports claiming violations of loan contracts due to arrears
- Written by E.Tsiliopoulos
Featured
Greece's Independent Power Transmission Operator (ADMHE) on Friday issued clarifications regarding debts, in the form of penalty interest rates tack on to past arrears, owed by the Public Power Corp. (PPC), the dominant power utility in the country.
In a press release, ADMHE said the specific figure, over the 2011-2018, reaches 31.6 million euros, but has not been legally demanded.
In a later statement, ATHEX-listed PPC denied a bevy of press reports, according to which the state-run utility has received notifications from creditor banks citing "violations of loan contacts".
PPC called the reports "completely baseless".
Tagged under
Related items
-
Two arrested for illegal pet trade in Agia Paraskevi; 27 dogs and οther animals rescued
-
Thessaloniki: Romanian migrant smuggler arrested - He put two people in the trunk
-
Shocking revelations about the 46-year-old American arrested in Skiathos
-
Mediterranean energy tender ignites fresh Greece-Libya diplomatic spat
-
The incredible note left by a Turkish driver in his car to avoid a ticket in Alexandroupolis
Latest from E.Tsiliopoulos
- Two arrested for illegal pet trade in Agia Paraskevi; 27 dogs and οther animals rescued
- Thessaloniki: Romanian migrant smuggler arrested - He put two people in the trunk
- Shocking revelations about the 46-year-old American arrested in Skiathos
- Mediterranean energy tender ignites fresh Greece-Libya diplomatic spat
- The incredible note left by a Turkish driver in his car to avoid a ticket in Alexandroupolis