EWG: Athens has until Tuesday to fully adopt prior actions

At Monday’s Euro Working Group it was decided to wait until Tuesday for the Greek government to fully adopt the set of prior...

At Monday’s Euro Working Group it was decided to wait until Tuesday for the Greek government to fully adopt the set of prior actions, in order to complete the bailout program review.

This includes the privatization agreement for the Elliniko development, transferring 5% of OTE shares to TAIPED, reforming DEI bills for major customers, changes to bank managements, additional pension reforms and privatizing the civil aviation authority, so that the airport privatization can also go ahead.

Finance Ministry officials appeared optimistic about the bailout review and were confident that the tranche disbursement will occur by the end of June.

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