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Greece’s PPC to hike power prices by up to 10%

30 Nov 2007 00:00:00

Greek power incumbent PPC looks set to raise its electricity prices by as much as 10%, as the Greek government said on Friday the company would be allowed to raise its fees.

The company had previously sought permission to raise prices by as much as 30%, but the state has decided to allow a tariff rise of 4-8% for low- to mid-voltage users and 10% for high voltage users, to take effect from Monday. FSJ

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