EU/IMF Lenders Keep 2013 Privatisation Target
Thursday, 01 January 1970
Greece's foreign lenders kept the country's privatisation revenue target of 2.6 billion euro for the year, and left the country's overall debt outlook unchanged from a previous assessment, Reuters reported.
The European Union and the International Monetary Fund said the country must collect 2.6 billion euros ($3.36 billion) from asset sales by the end of this year, Reuters said.
Greece must take additional fiscal measures worth 2.1% of gross domestic product by 2016, or about 4 billion euro, to meet its budget goals, Reuters added.