Energy Minister Panos Skourletis gave hope to Greek households by stating that there might be a reduction in electricity rates. He announced a potential drop in the Public Power Corporations (PPC) rates for 2016 during an interview on Monday with private MEGA TV.

Regarding ADMIE’s (Independent Power Transmission Operator) privatisation, he underlined that that the government has proposed an equivalent, which would be the establishment of an independent entity that will manage the public networks, something that has up to 99% been approved by Greece’s lenders.