Business News
Greece's power company cuts electricity to Health Ministry
Nov 16, 2011, 8:53 GMT
Athens - Workers at Greece's state-owned utility company on Wednesday cut the electricity supply to the Health Ministry over the millions of euros it owes in unpaid bills, media reports said.
The workers belong to the GENOP trade union, which is in a stand-off with the government over an order to the Public Power Corporation to invoice homeowners for a new property tax.
The order was unacceptable given the government's failure to pay its utility bills, GENOP president Nikos Fotopoulos said in a statement published in the Kathimerini newspaper.
According to the union, the Health Ministry owes the Public Power Corporation 3.8 million euros.
The cash-strapped government introduced the emergency property tax that would see homeowners fork out between 50 euro cents and 20 euros per square metre to raise some 2 billion euros (2.7 billion dollars) by the end of the year.
COMMENT
blog comments powered by DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
