Greek gift to Russia’s Gazprom

By Kostis Geropoulos

Plans for privatization of Greece’s key assets in order to raise cash to cover the country’s soaring national debt begin to take shape, Greek natural gas company DEPA is in the cross hairs of major energy companies, especially Russian gas monopoly Gazprom.

The EU, which hopes to diversify Europe’s energy supply, told New Europe that the case of Gazprom possibly acquiring a stake in DEPA “is a purely commercial issue. The Commission has nothing to comment.” There certainly will be eyebrows raised in Brussels and a lot of people will probably not be happy to see Gazprom getting involved.


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