Privatisation plan inches along as groups express interest in DESFA
IMF sees eurozone debt relief pledges failing to deliver sustainability
IMF insists fiscal targets unrealistic, cites historical evidence to support case
IMF sets out why it stands apart from eurozone on long-term growth prospects
IMF approves programme "in principle," repeats position on debt and reforms
Compliance report looks at programme financing, arrears clearance and 2016 performance
Greece and lenders seen making progress on privatisation fund but not on NPLs
In specific, the two sides seem to have agreed that there would be four key entities under the umbrella of the new fund: the existing Hellenic Republic Asset Development Fund (HRADF), the Hellenic Financial Stability Fund (HFSF) holdings in core banks, the Public Properties Company (ETAD) as well as the state controlled companies.
The market value of HRADF’s share in five listed companies, namely Hellenic Petroleum, Athens and Thessaloniki Water utilities, Thessaloniki Port and Public Power Corporation (PPC) currently stands at around 930 million euros. In addition, HRADF holds a...
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