Saturday 14 January 2012

Greek Official: UAE Show Interest in State Assets - ABC News

Greece's deputy prime minister says investors from the United Arab Emirates have shown interest in the debt-crippled country's massive state asset sale program, during a joint economic forum near Athens.

Theodore Pangalos said Thursday that potential investors are focusing on real estate deals, which are expected to account for about half of the euro50 billion ($63.7 billion) program. So far, Greece has only raised euro1.56 billion ($1.99 billion).

Pangalos said Greece planned to hold another economic forum this month with Qatar, which was involved in so-far fruitless talks to develop a large former airport site in southern Athens.

No comments:

Post a Comment