Reports: Loss-making PPC to unveil 500-mln€ rescue plan on Friday

The new leadership of the Public Power Corp. (PPC), Greece's dominant but currently loss-making electricity utility, will reportedly unveil a rescue plan on Friday worth 500 million euros, revolving around the prospect of rate hikes which, however, will be off-set by a reduction in the VAT and "green" surcharges tacked on to consumers' bills.
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