Russia’s Gazprom Bids for Greek Utility DEPA
Russian gas giant Gazprom has submitted a preliminary bid to purchase the Greek gas corporation DEPA, deputy chairman Alexander Medvedev said Saturday. "We have submitted a preliminary bid and are hoping that we will pass the qualification process. The...
With Privatization Lagging, Greece Ready to "Burn the Furniture"
ATHENS – As Greece struggles to save its economy by cutting workers’ pay to the bone, raising taxes to the limit, slashing pensions and preparing for the firing of 150,000 workers, a big revenue-raiser – privatizing state-owned entities and...
Russia Interested in Cyprus EEZ Exploration
Cyprus state television reported that the Russian energy colossus Gazprom is interested in purchasing the exploration rights for natural gas and oil in the Exclusive Economic Zone (EEZ) of Cyprus. At the same time, the state radio reported that “the...