In Greece there is no incentive to fix power losses since the electric bill has a power losses line item.

You can steal as much as you want. The ones who pay will pay.

"The ones who pay will pay" is always true (from people using public transport without a ticket to "normal" tax payers having to shoulder the losses caused by loopholes and "incentives" for the upper 0.1%), but resigning to it so explicitly is rare.

I mean this is the case universally, even if the losses aren't in a specific line item the cost of generating that power has to be covered overall

There's usually an incentive to solve this though because this shrinkage, in retail terms, would be handled at the cost of power generated (without any profit margin) whereas if it was sold to a paying customer it'd have a margin built in. If the Greek utilities are allowed to make a profit on that losses line item, that is insane

> The ones who pay will pay.

Until solar panels came to liberate us from the utility overlords.