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GreekReporter.comGreek NewsEconomyNew Omnibus Bill With Super-Privatization Fund in Exchange for 2.8-Bln Euro Tranche

New Omnibus Bill With Super-Privatization Fund in Exchange for 2.8-Bln Euro Tranche

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The omnibus bill tabled in Greek Parliament on Friday includes pre-requisite measures for the completion of the first review and instalment of the 2.8 billion euros benchmarked for Greece. Included in the plans, are a second list of state-run utilities and enterprises whose publicly-owned shares will be transferred to a new holding company, a “super-privatization fund”.
The Public General Accounting Department expects to increase revenue from the adjustment of contributions to the Agricultural Insurance Organization (OGA) from January 1, 2017 (instead of January 1, 2019). This will gather funds worth 37.36 million euros for 2017, 31.13 million euros for 2018 and 6.23 million euros for 2019.
The omnibus bill will be presented to the relevant parliamentary committee at 10:00 on Monday and will be discussed in plenary on Tuesday.
 

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