Greece 'must privatise state assets':
Greece faces severe restrictions on its sovereignty and must privatise state assets on a scale similar to the sell off of East German firms in the 1990s after communism fell, Eurogroup chairman Jean-Claude Juncker said.
Greece stands to lose $97 billion in unpaid taxes and is set to raise a mere $1.8 billion out of a $7 billion target for privatization proceeds this year, the EU said Thursday.