In response, the Greek Prime Minister George Papandreou said on Tuesday about the new law, which put a ban on the sale of state land, including beaches. The government has announced plans to sell some assets, including renewal of lease of the Athens International Airport and the sale of stakes in state-owned gas corporation. Frankly, these initiatives are extremely insignificant, given the scale of debts. The IMF and the EU insist on the sale of assets, so that the country was paying its debts. In November, the EU said in a statement that the sale of assets in Greece should be strengthened. Greek resistance selling useless. Without substantial disposition of assets of the program, the chances of Greece avoid a default will be considerably less.
Friday, February 18, 2011
Greek resistance EU on sale of assets is useless
In response, the Greek Prime Minister George Papandreou said on Tuesday about the new law, which put a ban on the sale of state land, including beaches. The government has announced plans to sell some assets, including renewal of lease of the Athens International Airport and the sale of stakes in state-owned gas corporation. Frankly, these initiatives are extremely insignificant, given the scale of debts. The IMF and the EU insist on the sale of assets, so that the country was paying its debts. In November, the EU said in a statement that the sale of assets in Greece should be strengthened. Greek resistance selling useless. Without substantial disposition of assets of the program, the chances of Greece avoid a default will be considerably less.