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Tuesday, October 15, 2013

Russia Eyes Privatization Deals in Greece

Russian investors are pursuing deals to help cash-strapped Greece privatize its economy and pay off its huge debt. Russian Railways RZD may take a 100 percent state in Greek?s TRAINOSE, and Gazprom has renewed talks with state-owned gas company DEPA. Valentina Matviyenko, the Speaker of the upper house of Russia's Parliament has expressed her government's vested interest in the Greek economy. She's traveling with a group of Russian investors looking to get a slice of Greece's privatization. 'Our position is that would not be an acquisition of assets, but rather a support for friendly Greece at the complicated economic stage,' Matvienko said.

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