Mytilineos: Implement reforms and state asset sales
Evangelos Mytilineos, chairman and chief executive officer of Mytilineos Holdings SA, said that Greece needs to implement reforms and state asset sales to remain in the euro.
“Our partners have shown in many ways they want Greece to stay in the euro for our sake and for the sake of the euro zone,” Mytilineos (photo) said in a Bloomberg TV interview on Friday.
“We have to finally set out the reforms, we have to finally start the privatizations, and of course, let’s hope that these 11.5 billion euros of budgetary cuts are the last round of cuts because people can’t afford any more cuts.”
Greece right now is “on probation,” and measures are needed to boost growth, Mytilineos said.
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