Greek Parliament Passes Austerity Package

By: Wednesday June 29, 2011 7:51 am

In addition to the austerity measures, Greece is “selling the family silver,” putting airports, ports, railways, motorways, sewage works, national energy companies, banks, and the national lottery up for sale in a privatization push they hope will net 50 billion euros. However, private equity firms turned up their noses at the first offer of sale. Perhaps they’re looking for discounts, or they want to change the rules of hiring and firing even further in an effort to break the unions.

SUPPORT FIREDOGLAKE
Follow Firedoglake
TODAY’S TOP POSTS
CSM Ads advertisement
Advertisement
Upcoming FDL Book Salons

Saturday, August 30, 2014
2:00 pm Pacific
The Nixon Defense: What He Knew and When He Knew It
Chat with John Dean about his new book.

Sunday, August 31, 2014
2:00 pm Pacific
Imagine: Living In A Socialist USA
Chat with Pau LeBlanc, Debby Smith, and Michael Steven Smith about their new book. Hosted by Deena Stryker

GET UPDATES

Sign up to receive Firedoglake's headlines by email: