Why privatisation is not the panacea for Greece

Why privatisation is not the panacea for Greece: "Paolo Manasse, 30 May 2011

How should Greece try to reduce its debt? Some say Greece should privatise some of its ports and tourist hotspots. While on paper such a move might significantly reduce the debt, this column argues that these calculations rely on some shaky assumptions. Such a sale could make Greece worse off overall.

Full Article: Why privatisation is not the panacea for Greece"

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