DESFA

French President Francois Hollande, the Socialist leader who opposed austerity in his country but backed it for Greece, is due in Athens on Feb. 19 to show support for Conservative Prime Minister Antonis Samaras’ implementing more pay cuts, tax...

Moving to speed the pace of privatizations as demanded by international lenders, Greece has received a high bid for its state-run gas company DEPA of up to 1.9 billion euros ($2.5 billion) from Russian energy firm Sintez Group, the...

The value of Greece's gambling agency, OPAP, has shot up fast in the wake of accelerated privatization plans that foresee the sale of the government's plan to sell a 33 percent stake. That came as Greece's international lenders are...

The privatization project concerning Greece's Public Gas Corporation (DEPA) and DESFA, the country's gas network operator, has drawn major interest and is likely to fetch around 1 billion euros, or even more, judging by the nonbinding offers submitted to...

Greece΄s privatization agency said Tuesday that five companies or consortiums have made nonbinding offers for Greek state-owned natural gas company DEPA/Desfa, which is being sold as part of the country΄s privatization program, Dow Jones reported. The privatization agency, the Hellenic...

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...

Seventeen firms expressed initial interest in the privatisation of Greek natural gas company DEPA, one of the country's major assets to go on the block to help pay down public debt, its privatisations agency (HRADF) said on Friday. The agency...

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...

ISTANBUL – Desperate to find buyers of its assets and holdings to satisfy international lenders, Greece is turning to its neighbor and often-time enemy Turkey to find investors amid fears of a bargain basement fire sale that will bring...