Wednesday, June 29, 2011

Athens erupts as government flogs assets in London

At first, Tuesday's meeting looked like a thousand other upmarket business events: suits gathered at Claridge's hotel in London's Mayfair for a day's discussion of how to reform Greece and its economy.
 But listening to the presentations from Greek ministers and officials about the airports, the ports, the land they were auctioning off to the highest bidder, the real purpose of the day came into sharp focus. Here, in an art deco room with five chandeliers and too many mirrored surfaces to count, was the beginning of a classy firesale.







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guardian