Tuesday, March 15, 2011

FinMin: Investors eye privatisations

 Foreign investors have already expressed an interest in the
Greek privatisation programme state property development, according to Finance Minister George Papaconstantinou.

   

    Speaking to the ANA-MPA on the sidelines of an ECOFIN council here, Papaconstantinou clarified that investors' interest has to do with state enterprises as well as the public real estate.

   

    Asked about the sustainability of the Greek debt, Papaconstantinou noted that "we have always believed that the Greek debt is fully sustainable. European decisions help the sustainability and also bring relief to the markets, which have expressed some doubt about whether the actual repayment schedule and the cost of servicing the debt are too high. Both the extension of the maturities and the lowering of the interest rates are in the right direction". 











source: ANA-MPA