Greece Targets 3.5 Billion Euros From Asset Sales in 2016

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Greece will seek to raise as much as 3.5 billion euros ($4 billion) in 2016 from state asset sales, including the country’s two largest ports.

“An important number of privatizations will be completed very fast, in the next six months or so,” Stergios Pitsiorlas, chairman of the Hellenic Republic Asset Development Fund, said in an interview in Athens Friday. “I’m not being optimistic, I’m realistic.”