Athens faces fight to sell €50bn of assets

On the 19 April 2011 Greece said that it would appoint international advisers within the next two months to kickstart its ambitious €50bn privatisation programme, while the country’s most powerful trade union pledged to disrupt the plan.

The privatisations mark a last-ditch attempt by the Athens government to restore credibility with investors and to boost the country’s chances of averting debt restructuring.

ESO: Background information: Greece readies fresh round of austerity worth €25bn http://www.europeansources.info/record/greece-readies-fresh-round-of-austerity-worth-e25bn/

Kathimerini, 19.4.11: PM gathers ministers for privatization talks http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_19980_19/04/2011_388205

BBC News, 15.4.11: Greece to privatise 50bn euros of state assets http://www.bbc.co.uk/news/business-13090685

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