DEPA

Negotiations Over Gazprom's Gas Prices

A second round of critical negotiations, following the preliminary talks in Moscow earlier this summer started in Athens on August 28 concerning  the reduction of the price of Russian natural gas, between Gazprom and Greek natural gas provider DEPA. For...

Putin Says Greek Investments Risky

Days after Greek Prime Minister Antonis Samaras wrote him a letter asking for Russia to reduce prices paid for Russian gas, Russian President Vladimir Putin took a shot at Russian entrepreneurs for investing in Greece, which he described as...

Samaras Asks Putin To Lower Gas Prices

On the heels of signing the major Trans Adriatic Pipeline deal to bring gas from Azerbaijan into Europe through countries including Greece, Prime Minister Antonis Samaras has written to Russian President Vladimir Putin to ask for gas giant Gazprom...

Troika Sees Small Progress, Big Gaps

Greece is making achingly slow progress with fiscal and structural reforms but woefully behind in other key areas and is facing a funding gap that needs to be filled somehow, according to the European Commission's report on the third...

Greeks Squeezed For 7B Euros In Taxes

With expected tax revenues far off expectations because of the effect of austerity measures, Greek taxpayers are being pushed to come up with 7 billion euros ($9.13 billion) in tax payments due this year at the same time the...

Greece Puts Railways Up For Bid

Still reeling from setbacks in its lagging privatization program, Greece has invited bids on its notoriously-inefficient and antiquated state-operated railway operator Trainose, the Hellenic Republic Asset Development Fund (HRADF) said. The deadline for interested parties to submit binding offers for...

ND-PASOK Alliance Takes The Reins

Moving forward after the withdrawal of one of his coalition members, Greek Prime Minister Antonis Samaras formulated a new alliance with the other coalition partner, the PASOK Socialists, in a new cabinet that gives his partner key ministerial positions. Samaras,...

SOCAR Ups Bid For DESFA

With Greece's privatization program staggered by the failure to get even a single offer for the natural gas company DEPA, the lone bidder for the distribution branch, DESFA - Azerbaijian's state energy company SOCAR is said to hiked its...

Samaras, Troika Talk Taxes, Privatization

Still reeling from a decision by Greece's high court suspending his decision to take the national broadcaster ERT off the air, Greek Prime Minister Antonis Samaras was scheduled to talk with officials from the country's international lenders late on...

SOCAR Starts Negotiations on Privatization of DEPA with Greek Government

SOCAR and Greek government have started the negotiations on privatization of Greek gas company DEPA, said President of SOCAR Rovnag Abdullayev, APA-Economics reports. To him, Azerbaijan is on the threshold of purchase of a large gas company: ‘All the issues...