14-05-2015 18:20 via news.yahoo.com

Greece offers privatization concession as Germany stays tough

Greece on Thursday offered a concession to its international lenders by pushing ahead with the sale of its biggest port, Piraeus. Greece has asked three firms to submit bids for a majority stake in the port, a senior privatization official told Reuters, unblocking a major sale of a public asset as the EU and the IMF demand economic reforms from Athens. Bundesbank chief Jens Weidmann criticised weekly top-ups of emergency funding to Greek banks, saying in a German newspaper interview that this br
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