The management of state-run Public Power Corp. (PPC), the dominant power provider in the country and one of the biggest listed companies on the Athens Stock Exchange, on Monday appeared satisfied with the response to a 36-instalment plan for households and businesses with overdue bills.
According to PPC figures, some 350,000 customers took advantage of the offer, with a whopping one billion euros in arrears reportedly now included in the installment plan.
PPC said roughly 90 percent of the customers that signed up for the repayment plan are meeting obligations.
According to the company, 32 percent customers in the highest category of arrears, i.e. more than 3,000 euros, have taken advantage of the offer. Conversely, the rest in the category, which translates into more than 89,000 households and businesses, owe a total of 509 million euros.
