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China Ambassador To Greece: Must Push Forward With Reform, Privatization

Greece must push forward with structural reforms, including privatization in certain industries, China’s ambassador to the country, Luo Linquan, said Sunday in an interview with Xinhua News Agency.
Privatization in sectors including transportation, new energy, electricity and water supply could provide good opportunities for foreign enterprises, Xinhua quoted him as saying.
Greece’s current debt level is unsustainable, but there has been some “over reaction” to the Greek debt crisis, he said without elaborating.

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