Complex privatisation fund faces tall order to reduce Greek debt

Economy Tags: Debt, Privatisations

On top of the fiscal measures yielding 3 percent of GDP by 2018, one of the key prior actions for the conclusion of Greece’s first programme involves the establishment of a new privatisation fund.

This was envisaged in the Eurozone Summit statement of last July and has been repeatedly identified as a key area of interest from the eurozone lenders, particularly German Finance Minister Wolfgang Schaeuble.

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