Greece’s lenders want DEPA out of nat­u­ral gas re­tail sec­tor

Kathimerini English - - Focus -

cred­i­tors are press­ing for the with­drawal of the Pub­lic Gas Cor­po­ra­tion (DEPA) from the nat­u­ral gas re­tail mar­ket, and quickly too, ac­cord­ing to in­for­ma­tion con­firmed by sources from within DEPA. Pres­sure in this di­rec­tion started after the coun­try’s cred­i­tors be­came aware of the cor­po­ra­tion’s strat­egy to en­ter the re­tail mar­ket by set­ting up a sub­sidiary, which fu­eled the re­ac­tion by DEPA’s part­ners in the three lo­cal re­tail com­pa­nies (EPA) in Athens, Thes­sa­loniki and Thes­saly, namely ENI and Shell.

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