Finance ministry sources deny press reports about new privatisation fund

The discussion on the membership of the supervisory board and the assessment of the proposals of the two sides is still continuing, while announcement of the final decision is pending, the same sources said.
According to a Reuters report on Tuesday, however, a French finance ministry official had confirmed the report first published by the Greek newspaper "Kathimerini", according to which the job is to go to senior French government official Jacques Le Pape. The "Kathimerini" report was later confirmed by a spokeswoman for French Finance Minister Michel Sapin, according to Reuters.
During bailout talks held in the summer of 2015, Greece agreed to set up a new privatisation fund to speed up sales of state assets and to appoint a five-member supervisory board to oversee the new fund. Greece's creditors will nominate two members of the board and Athens the remaining three, while both sides have veto rights.