Gazprom Moves to Swallow Greeces DEPA

The Greek government has favorably changed privatization conditions for gas company DEPA in a procedure where the sole large bidder is Russian gas giant Gazprom. The move is seen as making Gazprom the almost certain winner of the bid, the deadline for which comes Wednesday. Greece has halved the required deposit to 10% of the company's bid for DEPA. The Russian company has offered EUR 900 ...

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