[sergeantdave]

Correct me if I’m wrong, but couldn’t Greece hold a flea market sale to sell off its seaports, parks, airports, state-owned telecomm companies, art galleries and museums?

That’s gotta be worth a few hundred billion.

I don’t want to see Greece go under; I like baklava and gyros.

[MCSP2008]

Salve

I have better, Greece can actuality do more damage to Eurozone, then Brussels can even realize, it will be drastic, but will send message, count on it.

Merci

[bruinbirdman]

"Correct me if I’m wrong, but couldn’t Greece hold a flea market sale to sell off its seaports, parks, airports, state-owned telecomm companies, art galleries and museums?"

Greece was supposed to sell $50B of state assets, from communications, water, electricity utilities to railroads, airports to harbors.

They sold about $500M.

Nobody wants the baggage that comes with the property. Greece needs to do the restructuring first (labor laws, property rights, tax collection, legal system, etc., etc.)

yitbos