International Monetary Fund

Greece gets nine non-binding bids for stake in gas supplier DEPA Commercial

Greece has received nine non-binding bids for the sale of a 65 percent stake in its dominant gas supplier DEPA Commercial, its privatisation agency said on Monday.

Investors who have expressed an interest in the stake include Shell Gas, Vitol Holding, Power Globe, MET Holding and C.G. Gas Limited of Greece's Copelouzos group, the agency said in a statement.

Former Erdogan Ally Babacan Unveils ‘Cure’ for Turkey’s Ills

But he resigned from the ruling party in 2019, citing "deep differences" with it over the state of democracy, rule of law and foreign policy.

"Our democracy is weak, our society cannot breathe. Our economy, education and health systems are alarming," Babacan said on Wednesday in Ankara at the official launch of the DEVA party.

LSE director: Don’t write globalization off just yet

Dame Minouche Shafik is one of the world's most distinguished academics. Born in Alexandria, Egypt, in 1962, Shafik went on to study at Amherst College, Massachusetts, the London School of Economics and St Antony's College, Oxford, and has since worked for some of the most prestigious global institutions.