German finance ministry says Greek reform plans are "not yet compliant"

FXStreet (Córdoba) - German finance ministry paper says Greek reform plans on debt sustainability and privatizations are "not yet compliant" in a draft documents.

The ministry’s paper adds that the Memorandum of Understanding (MOU) does not provide "full clarity" on direction of policies and timetable for legislation.

Meanwhile, German newspaper Bild reported Berlin has three main concerns about the Greek bailout deal which are, participation of the International Monetary Fund, debt sustainability and how quickly could they get the privatization fund running.