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> Politics

Less pressure on measures – The race for privatization begins

The three-hour meeting between Troika and Hardouvelis has been completed - Now Samaras leading a meeting for attracting investments

Newsroom July 14 09:42

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Agreement with the troika to start “here and now” privatization, was the result of Hardouvelis with Thomsen’s team meeting.

“We have the same view that investment funds will help the economy,” said a top executive of the Ministry of Finance, after the three-hour meeting with the Troika Hardouvelis just before Finance Minister moved at the Maximos Mansion for a meeting with the Prime Minister to discuss the issue of privatization.

Mr. Evangelos Venizelos also at the Maximou Mansion.

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It seems that Troika will not push for any further tough measures if privatizations get dislodged. The auditors’ seemed receptive and positive while September’s evaluation will go well, “added the strain of the Finance Ministry after the meeting with the Troika-despite the pressure for recovery measures which were raised last week.

The state of the economy was on top of the agenda on Mondays meeting, while the Greek Minister of Finance Mr. Hardouvelis supported that the goal is to get out of the vicious cycle of the economy and initiate a new virtuous circle for the following years.

However, representatives of the lenders indicated that their intention is to immediately close the deal in September, without delays and pressures for more measures if there is satisfactorily progress in privatizations that have been left behind in our country.

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