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Greek ELYKO Faces €300 Million Deficit
Greece's Public Service Utilities Special Account (ELYKO) faces a €300 million deficit due to the high cost of island electricity, subsidized rates, and past government support for the Energy Transition Fund, forcing the government to decide between increasing consumer costs or using taxpayer funds.
Greek ELYKO Faces €300 Million Deficit
Greece's Public Service Utilities Special Account (ELYKO) faces a €300 million deficit due to the high cost of island electricity, subsidized rates, and past government support for the Energy Transition Fund, forcing the government to decide between increasing consumer costs or using taxpayer funds.
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