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Greece launches massive fire sale to service growing debt as riot police clash with violent protesters

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Daily Mail
Wednesday, May 11, 2011

Marinas, casinos and former Olympic venues could be up for grabs after Greece announced a massive fire sale to help service its debt.

The Greek government said it was putting vast areas of state-owned land on the market to raise £44billion in the next four years.

Nationalised companies could also be privatised to help raise the necessary capital to ensure it does not default on debt payments.

A general strike held today has seen most public services grind to a halt across the country, while thousands marched through Athens to protest against harsh austerity measures.

Full story here.

Greece launches massive fire sale to service growing debt as riot police clash with violent protesters 030511banner3

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This article was posted: Wednesday, May 11, 2011 at 8:12 am





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