Greece Puts 27 State Assets Up for Sale to Pay Off Debts

According to the Dikaiologitika news portal, the largest of the assets destined for privatization are 14 regional airports in Greece.

Griesa grants vulture funds hearing to discuss motion for sanctions

United States District Judge Thomas Griesa has allowed a request by so called “vulture” funds suing Argentina over its defaulted bonds, granting a new hearing for Wednesday 12 to discuss sanctions against Buenos Aires for failing to provide information on Argentine assets held in the US (discovery rights).

Greece carries out first privatization under radical left government

Greece's radical left government Friday carried out its first privatization since coming into power three months ago, by selling a 20-year horseracing gambling license to a subsidiary of Czech-Greek company Opap for 40.5 million euros.