What does Greece need to sell for more aid?
 Just one year after being bailed out, Greece may get a new aid package from the European Union and IMF. But in order to do so, it may need to sell its state assets first.Those assets include baseball stadiums, casinos, airplanes, horse racing tracks, and even islands. State-run industries are also likely to be sold to the private sector in this massive $71 billion fire-sale. Highlighted below are some of the much talked about assets, putting price tags on some once invaluable state holdings: |
 Olympic Venues from 2004's Olympic Games Olympic venues that once housed baseball, taekwondo and hockey are up for sale.
|
A portion of the famously beautiful island Mykonos has been put up for sale. Several other full islands are for sale at prices ranging from €2 million ($2.46 million) to €15 million ($18.5 million). |
The government's stake in Greece's largest telecommunication provider may be sold to Deutsche Telecom AG, though there has been opposition. |
Greece is using Lazard to help with the sale of 4 government planes. |
|
The Hellenic Railways are said to have amassed a €10.7 billion debt and cost the local taxpayer €1 billion per year. |
Together the two serve 5 million inhabitants. |
The company is expected to be privatized by the end of 2011. |
Set on 170 acres of prime coastal land that the Mayor of Athens had hoped to turn into a park lands, Hellenikon airport is now expected to be turned into commercial area with investment from the government of Qatar. |
The government will cut its stake in electricity provider PPC from 51% to 34%. |
Greece is hoping to sell 100% of this state-run horse racing organization. |
The government hopes to bring outside investors into the state-run lottery. |
Comment
-
Comment by Nikolaki88_4 on May 22, 2011 at 11:26pm -
1st Wall street robs the American people in the biggest bank robbery in U.S. History. With all the tax payer bailouts to all the their insider buddy's....
~Now the IMF and the EU are going to do the same thing to Greece....Blaming the greek people for the current issue....and will now sell off greece to all of their globalist pals....
How can anyone put of with this anymore....?? Don't you see what they are doing...
They cause the problem....and then offer a solution? When they were the people behind this!
...ciao
Connect With Us
Sponsored Links
Greek Tweets
WWG on Facebook
POPULAR
Featured Blog
Greek Style Pork Tenderloin
Posted by Greek Cooking with my Sisters on May 21, 2013 at 8:17am 0 Comments 1 Favorite
My sister Caroline makes a mean pork tenderloin, or should I say tenderloins. She's made it in so many ways and with various sauces such as apple, raspberry, mustard cream - you name it, she’s probably tried it. Today she made it in one of my favorite ways - Greek style, which is also one of the easier ways to…
Sponsored Links
Forum
What's the best Greek island to visit with my parea?
Started by Maria Panourgias in Travel. Last reply by Maria Panourgias Apr 29. 9 Replies 1 Favorite
What English words/phrases do your parents butcher?
Started by Anastasia in Anything. Last reply by Matthaios Douzanis Feb 22. 18 Replies 2 Favorites
How long should you pursue someone?
Started by Maria in Love & Relationships. Last reply by George Costakis Mar 28, 2011. 51 Replies 2 Favorites
Dating/Married to a non Greek
Started by Maria in Love & Relationships. Last reply by JOHN C Apr 10. 99 Replies 0 Favorites
What would happen if the Greek language simplified?
Started by GreekSteve in Anything. Last reply by ELLADITSA ELLAS Feb 3, 2011. 27 Replies 0 Favorites
Groups
© 2013 Created by Ari.
You need to be a member of WorldWideGreeks.com to add comments!
Join WorldWideGreeks.com