EU critical of Greek government over public sector

Posted by Christian J. Hadjipateras 22/03/2018 0 Comment(s) Economia Blog,

Officials of the European Union yesterday (Wednesday) critisised the Greek government over its lack of independence in the public sector.

They stressed that the current situation in the Greek public sector and the judiciary were the two key issues that will remain after the third and final international bailout ends in August.

 

The EU also referred to ideologies within the hard-left government, particularly privatisations, as well as continuing delays to plans for state sell-offs and stressed the need for divestment at Public Power Corporation, meaning that organisations must sell its assets.

 

They also highlighted the European Commission’s ongoing disagreement with the International Monetary Fund’s forecasts on which it had based its proposal for the earlier imposition of austerity. The IMF has long called for further debt relief, but has remained at loggerheads with the EC, which is against the idea.

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