Greece seeks to recoup €2.4 billion in unpaid energy billsStaff Writer | November 8, 2017
The Greek Public Power Corporation (DEH) is planning to hire a consortium of eight companies in order to settle unpaid energy bills which currently add up to €2.4 billion ($2.7 billion).
Europe The Greek Public Power Corporation
DEH on Monday said the penalty for debtors who delay payment will rise to 7.25 percent of their total arrears while a six-percent penalty will be levied on bills which go unpaid by state entities.
The budget for the proposal is €12 million ($13.8 million) and it is foreseen that the contractors’ remuneration will be set as a percentage of the debt collected. ■