REG - Public Power Corp - Decision BoD for interest rates on overdue bills <Origin Href="QuoteRef">DEHr.AT</Origin>

Public Power SAAnnouncement

06/11/2017 09:50

RNS Number : 6440V
Public Power Corporation S.A.
06 November 2017
Announcement 
Decision of BoD for interest rates on overdue bills
PPC S.A. announces that, by the Decision of its Board of Directors, there is no increase in the interest rate on unpaid bills which are under settlement or are going to be settled. The above interest rate remains at the level of the contractual interest rate, that is 5.25%. According to law, an interest rate of 6% will be applied - for the first time - on overdue bills of the Public Sector. For overdue bills of customers which have not been settled, an interest rate of 7.25% for late payment will be applied according to law.
Athens, November 6, 2017

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