Greece Abolishes HFSF, Merges with State Asset Fund Under Economic Reform
The Greek Minister of National Economy and Finance, Kostis Hatzidakis, has signed a decision to absorb the Hellenic Financial Stability Fund (HFSF) into the Hellenic Corporation of Assets and Participations (HCAP) as part of a broader reform. This move follows the completion of the majority of its mission and aims for a more rational organization and resource savings. The reform also includes plans for the establishment of a National Investment Fund and modernization of subsidiary operations to enhance service delivery to citizens.