Greece firm privatisations to raise 4.5bn Euro

The president of the Hellenic Asset Management Fund has told the BBC that the two waves of privatisation to be pushed through this year, may raise 4.5bn Euro.

However, it is less than half of the 10bn Euro proceeds estimated for this year by the country's European partners.

Ionnis Koukiades was speaking from the second Greek city of Thessalonikki, where the city's port has not been sold after four years of on-off negotiations.

Nigel Cassidy reports.