Pages

Sunday, December 13, 2015

Tsipras expecting protest after Greece paves way for further privatisations

Greek government agrees deal to reform energy sector and facilitate raft of state sell-offs to meet conditions for €1bn in loans The Greek prime minister, Alexis Tsipras, has warned that his government faces a new storm of protest after jumping another reform-for-aid hurdle with international creditors. After a week of rigorous negotiations with foreign lenders, Tsipras’s leftist-led government finalised a deal foreseeing further privatisations, reforming the energy sector and opening up the market to non-performing loans. The agreement is slated to unlock another €1bn (£720m) in loans for the debt-stricken country next week. Related: Euclid Tsakalotos: Greek finance minister on the hard path of post-bailout reform Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com