A top finance ministry official on Friday said issues dealing with continued privatizations in the crisis-battered country along with the resolving problems with state arrears towards the private sector have «closed», following talks in the Greek capital the same day between Greek FinMin Euclid Tsakalotos and representatives of institutional creditors.
Eurogroup finance ministers, in fact, requested from Tsakalotos last week that he provide confirmation that Athens has indeed paid off suppliers, contractors and other private sector entities in order to receive 1.7 billion euros held back from a 2.8-billion-euro sub-tranche disbursed to Athens this month.
In terms of a new privatization super fund, to be called the Hellenic Holdings and Assets Co., the same unnamed source said the Greek side and creditors – the «quartet»- agreed that the supervisory council will appoint one adviser from the private sector. The latter will declare an international tender, from which a short list of candidates for the new fund’s board of directors will be chosen.
The foreseen process will be concluded by the end of 2016.
