The economic conditions in Greece are forcing the Greek government to accelerate asset sales. The asset sales coupled with budget cuts totaling 6 billion euros are hoped to win more aid. The debt crisis in Europe is also having an effect on domestic markets.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/news/2011-05-23/greece-to-accelerate-asset-sales-as-bonds-drop.html
James Sutliff