Original version

BBC World Service Online

Business Daily

Factual: Money

The daily drama of money and work from the BBC.

Business Daily: Privatising Greece

Privatising Greece

05/10/2011

BBC World Service - Business Daily, Privatising Greece

Roll up for the state assets no one wants to buy, and that Greeks don't want to sell.

Europe's cliff-top crawl along the precipice of disaster, with another bank in trouble and Italy downgraded again. Meanwhile Greece mourns the sale of its state assets, but will anyone buy anyway?

We follow the EUs cliff-top crawl along the precipice of disaster, as yet another European bank hits trouble and Italy bemoans a further downgrade. 

But is Europe fiddling while Rome burns? 

We hear from David Blanchflower, a former member of the Bank of England's Monetary Policy Committee, who blames the European Central Bank for its high interest rates, saying it needs urgently to stimulate growth rather than worry about inflation. 

Meanwhile we have a report from Greece which is struggling to find buyers in its privatisation programme.

State assets from the railway to public utilities are up for sale, and even many Greeks themselves aren't sure the sale is such a good idea. 

Charting Europe's fault-lines, or is that default-lines, in Business Daily.

Accessibility links

Programme Index

Business Daily

Privatising Greece

Genres

Brand

BBC World Service Online

About BBC World Service