Reuters: Greek high court clears major hurdle for closely watched Helleniko privatization

Reuters quoted Greek judicial sources on Thursday afternoon in reporting that the Council of State (CoS), Greece's highest administrative court, has ratified a presidential decree that includes a Comprehensive Development Plan for the Helleniko privatization, essentially the project's master plan.

Finally commencing the specific project, a landmark privatization in the country that is specifically cited as a "prior action" in the current bailout agreement, is now considered as one of two obligations that the Tsipras government implement before receiving a 5.7-billion-euro loan tranche next month.