marketwatch.com
June 10, 2013
The Greek Composite index, which has been slowly sliding south since mid-last month, dropped nearly 5% on Monday after the Greek government failed to attract any binding bids for Depa, the state-owned gas company.
Russia’s Gazprom had been the one key contender, but reportedly pulled the plug. Some blamed the government’s bumbling of the whole thing, while others described it as a “bolt out of the blue”. The Guardian noted there has been speculation that Gazprom pulled out after hearing the European Commission would end up vetoing the deal anyway.
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