PCC Decides Against Price Hike

PCC Decides Against Price Hike

Greece's state-controlled utility PPC said on Saturday it had no immediate plans to increase electricity prices for households after their liberalisation on July 1, Reuters reported.
"We will first have to see how the general situation and the regulatory framework in the electricity market unfolds,"PPC's Chief Executive Arthouros Zervos told eporters on Saturday, taking up a question if any increases would take effect from July 1.
Furthermore, PPC is even planning to cut electricity prices to some industrial clients, Zervos said, as quoted by Reuters. 
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