Stournaras made it clear that Greece does not need a time extension to its fiscal adjustment for now, and reiterated that the country's economy will post a small growth rate in 2014 despite a forecast by the OECD for an economic contraction of 1.2 per cent.
"Our forecasts are better because they respond more effectively to recent developments”, Sournaras said. “Forecast models are models, there can be no certainty in them. But according to our own forecasts we will have moderate growth next year.” He said his meeting with Moscovici had been “very good” and stated that their discussion centred on “issues that concern the Greek economy such as privatisations and other general matters".
French companies are reportedly very interested in Greek sell-offs, especially regional airports, rail service operator TRAINOSE, highways, the Horse Racing Organisation (ODIE) and the water and irrigation networks. However, the privatisations programme appears to be facing significant problems as far as the selling of state real estate properties is concerned. The legal status of the properties managed by the state privatisation fund (TAIPED) is seriously problematic, as some have no town-planning permits while several have major discrepancies in their various official documents.
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