In the morning, the heads of the institutions met with the Greek Finance Minister Euclid Tsakalotos to discuss about the new privatization fund, while in the afternoon they will have a meeting with George Stathakis concerning the “ red” loans (loans who have stopped being paid in mainly due to the financial crisis).
According to the APE/MPE, red loans were also discussed on Wednesday, without reaching an agreement , while an exploratory discussion concerning the privatization fund, a fund which will have the power and task to oversee the privatization of state assets, also took place.
The Greek government’s position in the matter has not changed and they request that all household and small and medium-sized enterprises loans are excluded from being sold to private funds.
The “institutions” on the other side seem to insist that there will be no exemptions from this procedure.
Earlier, during negotiations regarding the electricity transmission operator (ADMIE), government and creditors agreed in principle on two issues regarding the shareholding structure and Public Power Corporation’s compensation method.
The bill will be presented next week
Discussions between the two sides must have been completed by the end of the week, as the 13 prerequisites are to be listed in a flat bill, which will be submitted to the Parliament next week and it will include:
1. The establishment of the new Denationalisation “super” fund, which will oversee the existing privatisation fund, TAIPED. This new, gigantic body will be put into operation in the first trimester of 2016 and its target is to achieve the feat of 50 billion euro from privatisations, in 30 years’ time.
2. The privatisation of the electricity transmission operator (or an equivalent measure).
3. The passage of the bill on the new public sector payroll, which will enter into force as of 1.1.2016.
4. The new General Secretariat of Public Revenue and the replacement of its former head, Katerina Savvaidou. This competitive examination is under way.