The development law that will provide 3 billion euro financing in the next five years will be tabled in Parliament early next week, Economy Minister Giorgos Stathakis said in statements to private SKAI TV on Thursday.
He underlined that the government does not accept to sell bad loans guaranteed by the Greek State to funds adding that these loans amount to approximately 1.5 billion euros.
Regarding the concession of the former international airport at Elliniko, he reassured that the process will have been completed by the end of June.
He also cleared out that the government will proceed with the concession or privatisation of the water company EYDAP, the Public Power Corporation (PPC) and the urban transport.
Referring to the Eurogroup agreement, the Economy Minister expressed his content over the 7.5 billion euro tranche, but acknowledged that this loan tranche does not provide a “cushion”.
He argued, however, that with this money the government will have paid off all state obligations to individuals by the end of October. On the capital controls, he said that a discussion on a roadmap that will lead to their final lifting is underway and rejected estimations that Greek banks will need new recapitalization.
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