FinMin official: Ιssues of privatizations and state arrears to the private sector are closed

“The issues of privatizations and state arrears to the private sector are closed,” a top Finance ministry official told ANA after completion of a meeting between Finance Minister Euclid Tsakalotos with the heads of the institutions on Friday.

The official said that on the issue of state arrears, the last Eurogroup has asked the Greek government to present payment figures for September in order to approve the disbursement of 1.7 billion euros of a 2.8-bln-euro sub-tranche to Greece. The Euro Working Group is expected to meet next Monday to approve the disbursement by ESM. This sum will be used to repay remaining state arrears to the private sector. On the issue of a new privatization fund, the ministry official said the two sides agreed that a supervisory council to appoint an adviser from the market to draft an international tender for the short list of candidates for the selection of the fund’s board members. The whole process is expected to be completed by the end of 2016. The two sides also discussed issues regarding the internal regulation and statute of the fund. The ministry official said negotiations with the institutions will also include a medium-term framework program.