EU sees deal closer, with Greece 'more constructive' on privatizations

The European Union's monetary affairs chief said on Monday that Greece and its EU partners were now closer to an understanding on many areas of reform, with Athens being more constructive on privatizations, but emphasized that time was running out. "We have moved closer to common understanding on reforms to be adopted in a number of areas," European Economic and Monetary Affairs Commissioner Pierre Moscovici told reporters in Berlin, citing Greece's value-added tax system, its independent revenu