In potential clash with lenders, SYRIZA wants to use privatistion receipts to fund social policies

Economy

Speaking in Parliament on Monday, Alternate Finance Minister Nadia Valavani announced the creation of a new Public Wealth Fund, which will incorporate the Hellenic Republic Asset Development Fund (HRADF) and various public asset management agencies such as the Public Properties Company (ETAD).

This will be included as an amendment in the draft bill for the settlement of tax and social security arrears, due to be tabled soon in Parliament. She also said that the new legal framework for the privatisation fund is expected to be tabled in the nex...

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