Greek FinMin on meeting with Quartet

Greek proposals on privatization Fund

Following a 6 hour meeting with  the representatives of the Quartet institutions, Greek Finance Minister Euclid Tsakalotos told the media about some of the issues covered.  The Greek Finance Minister said they talked about organizational matters, as well as how they intended to resolve any issue of misunderstanings or differences of opinion that might arise in a timely manner. He stressed that some of the matters discussed involved Greece’s pledge to reach a primary surplus of 3.5 per cent by 2018 and how to achieve this goal given the new negative realities of the Greek economy after the bank holidays imposed. “We talked about the new privatization Fund” he said, adding that the Greek side made their first proposals on how this fund can be used to pay off Greece’s economic liabilities to the creditors, while acting as a growth tool to boost economic activity in the crisis-stricken country.