Greece told to sell assets 'beyond its imagination'

Name: Greece told to sell assets 'beyond its imagination'
Uploaded: 2011-05-20T08:11:39.000Z
Description: Greece is being told to privatise more assets in order to raise funds to cut its budget deficit and meet the country's terms agreed for the EU-IMF bail-out.

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Greece is being encouraged to push through more privatisation amid fears the country's financial rescue will collapse.

The country has a target to raise 50bn euros ($71bn; £44bn) through the sale of state assets.

Nigel Cassidy reports.

Business

20 May 2011