Tuesday, August 2, 2011

Greece begins €50bn privatisation drive


















The starting gun for one of the biggest fire-sales in western history was fired as Greek officials began appointing advisers for the country's ambitious privatisation drive.




"Our target is clear, and it is to generate €1.7bn from privatisations by the end of September and €5bn by the end of the year," said the finance minister, Evangelos Venizelos.

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guardian