Greece Pledges to Step Up Pace of State Asset Sales
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Greece plans to accelerate a program of state-asset sales the government hopes will raise 7 billion euros ($9.3 billion) over the next three years, helping reduce the European’s Union’s highest debt as a percentage of GDP.
An inter-ministerial committee yesterday decided to immediately appoint advisers to draw up an inventory of the state’s commercial real-estate assets, according to an e-mailed statement from the Finance Ministry today. The inventory should be completed by June, the ministry said.