Dow Jones Newswires reported, Greek government officials revealed on the 19th, Greece and the European Commission, the European Central Bank and the International Monetary Fund (IMF) "troika" is narrowing the differences for the 12 billion euros of the country's latest austerity plan negotiations.the two sides close to reach a final agreement on the austerity program, the agreement is expected to be reached in 23th.
In order to fulfill the conditions of the assistance agreement, to raise funds at the same time to avoid a default, the Greek government announced they will sell-off "the not necessary for all of the national economy and the people's livelihood in terms of state-owned assets in the 20th.
It is reported that within the past month, the "troika" assess the Greece's economic status and performance of the progress of the assistance agreement , and discuss with the Government on the latest austerity package. "Troika" was originally vetoed measures austerity program worthing 4 billion euros, has approved a total of 9.5 billion euros of austerity measures. The report expected the "troika" will be released before the EU finance ministers meeting on October 8 the Greek assessment report, that the report will determine the the process next move of assistance to Greece and whether Greece will get the next one-assistance payment. Greek Deputy Minister of Finance Staercke Las, 19, said: "assistance programs under the sum of the scale of about 31 billion euros aid funds for Greece is important, approximately 90% of the money will be directly allocated to the Greek government, for the banking sector restructuring, improving market liquidity, as well as the repayment of government debt to the maximum extent possible.
In order to fulfill the conditions of the aid agreement, at the same time to raise funds to avoid default, the Greek government is cheap sale of state-owned assets. The Greek government announced on the 20th, the proposed sale of state-owned assets in the country, including the island land, the former royal palace, government, real estate, ports, airports and other transportation facilities, as well as state-owned natural gas company. In addition, the country's lottery Offering and postal services will be privatized. In addition to the Greek diplomats around the world mansion, the Government also consider public auction of 40 uninhabited islands for tourism development to global investors.