Ireland’s Fine Gael Considers Raising $4 Billion in Asset Sales

Fine Gael, Ireland’s biggest opposition party and the likely leader of the next government, may raise as much as 3 billion euros ($4 billion) by selling state-owned assets, according to an opposition lawmaker.

“We are looking at raising 2 to 3 billion euros through asset sales over four years,” Simon Coveney, the party’s transport spokesman, said in an interview in Dublin yesterday. Investors abroad “should be looking at Ireland now as a place of opportunity,” he said.