Focal point for the Privatization Fund Institutions, said German textile fi. Finance
Satisfaction at the fact that Alexis Tsipras, from the campaign supported the agreement with the Institutions, expressed the Deputy Finance Minister of Germany Jens Spann, in a speech to Congress Germanoellinikou Business Association (DHW) in Berlin. Mr. Spann said that the new support program is an opportunity to be together to build, highlighted the importance of compliance with the agreements by all parties and noted that one of the focal points in the evaluation of Institutions, will be the Fund for Privatization .
"The issue is not just austerity. Much more important are structural reforms ", said Mr. emphatically. Spann, noting that austerity is the only means to a larger goal, which is the country's return to markets.
"The problem in all countries who needed the program, was that they could not refinance" said German deputy minister, adding that the rationale of the programs is to remove the pressure of creditors, transferring the debt to the European Institutions.
Mr. Spann estimated that at the end of 2014, Greece was among the countries with the highest growth in Europe, while the Greek banks were able to refinance on the markets - for it and did not need the 10 billion that were available. "It was not amazing, but it was on the right track", he said. In contrast, during the first months of 2015, the Greek economy took a step backwards - "one sees what the uncertainty and insecurity: leads to an outflow of money, no investments are made and all this culminated in the closure of banks".
Referring to the agreement on the third package of support, the German Christian Democrat (CDU) spoke of a "Eurozone decision, together with Greece, that we want to continue on the path of recent years and we have a common understanding that we want to stick to the rules we made together - otherwise it can not work the eurozone ".
Referring to the need for liquidity of small and medium enterprises in Greece, said that the German side, although there were initially different thoughts, has consciously decided to participate in the Greek Investment Fund "to give in this difficult message phase that we want to keep what you promised (pp. relates to the participation of German state bank KfW with 100 mil. euros).
Especially regarding the fund of privatizations, Mr. Spann stressed that it will be by points - keys in the forthcoming evaluation and added that the project is not only about the same income, but also the need for such an institution. He stressed, however, that there should the Greek assets to "sell out", as this would not yield the expected revenue. He also supported the development within the Fund and stated that it is certainly different cases when it comes to real estate, to airports or even - anakefalaiopoiimenes - banks.
Mr. Spann, and he expressed his understanding of its objections in Athens regarding the headquarters of the fund, but he said "must be ensured that it will be institutionally autonomous decisions'.
In conclusion, he expressed his satisfaction with the fact that "a vast majority is now realized that nothing happens without effort, and there must be the will to change. And if in this process of change, defined and joint ventures and there is only the impression that "they are the Germans, who always want just austerity," but there is also the will jointly and equally be taken initiatives and implemented programs then we will have accomplished a lot ".
Satisfaction at the fact that Alexis Tsipras, from the campaign supported the agreement with the Institutions, expressed the Deputy Finance Minister of Germany Jens Spann, in a speech to Congress Germanoellinikou Business Association (DHW) in Berlin. Mr. Spann said that the new support program is an opportunity to be together to build, highlighted the importance of compliance with the agreements by all parties and noted that one of the focal points in the evaluation of Institutions, will be the Fund for Privatization .
"The issue is not just austerity. Much more important are structural reforms ", said Mr. emphatically. Spann, noting that austerity is the only means to a larger goal, which is the country's return to markets.
"The problem in all countries who needed the program, was that they could not refinance" said German deputy minister, adding that the rationale of the programs is to remove the pressure of creditors, transferring the debt to the European Institutions.
Mr. Spann estimated that at the end of 2014, Greece was among the countries with the highest growth in Europe, while the Greek banks were able to refinance on the markets - for it and did not need the 10 billion that were available. "It was not amazing, but it was on the right track", he said. In contrast, during the first months of 2015, the Greek economy took a step backwards - "one sees what the uncertainty and insecurity: leads to an outflow of money, no investments are made and all this culminated in the closure of banks".
Referring to the agreement on the third package of support, the German Christian Democrat (CDU) spoke of a "Eurozone decision, together with Greece, that we want to continue on the path of recent years and we have a common understanding that we want to stick to the rules we made together - otherwise it can not work the eurozone ".
Referring to the need for liquidity of small and medium enterprises in Greece, said that the German side, although there were initially different thoughts, has consciously decided to participate in the Greek Investment Fund "to give in this difficult message phase that we want to keep what you promised (pp. relates to the participation of German state bank KfW with 100 mil. euros).
Especially regarding the fund of privatizations, Mr. Spann stressed that it will be by points - keys in the forthcoming evaluation and added that the project is not only about the same income, but also the need for such an institution. He stressed, however, that there should the Greek assets to "sell out", as this would not yield the expected revenue. He also supported the development within the Fund and stated that it is certainly different cases when it comes to real estate, to airports or even - anakefalaiopoiimenes - banks.
Mr. Spann, and he expressed his understanding of its objections in Athens regarding the headquarters of the fund, but he said "must be ensured that it will be institutionally autonomous decisions'.
In conclusion, he expressed his satisfaction with the fact that "a vast majority is now realized that nothing happens without effort, and there must be the will to change. And if in this process of change, defined and joint ventures and there is only the impression that "they are the Germans, who always want just austerity," but there is also the will jointly and equally be taken initiatives and implemented programs then we will have accomplished a lot ".
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