Tuesday, 02 January 2024 12:17 GMT

The governor of Greek's Central Bank proposes privatization


(MENAFN) According to the Greek newspaper Kathimerini, the Greece governor, Yannis Stournaras, proposes privatizations around 12b Euros (14.1b USD), starting next year for five years, in order to revive the economy.

Stournaras stated that the total increased by privatizations, could cover the amount of decreasing the main budget excess target from 3.5% to 2% GDP for the next five years.

Leading Greek economists, uttered suspicions whether the strategies could end up in sustainable development.

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