Nouriel Roubini: Greece will be forced to default sooner or later
In his article in "Financial Times Deutschland", the famous economist Nouriel Roubini, who had predicted the global recession of 2008 in 2006, says that either this year or the next, Greece will be forced to go bankrupt and leave the eurozone. This will happen even if a government will finally be formed after the elections of June.
Mr. Roubini says that Greece has fallen into a vicious cycle of bankruptcy, lack of competitiveness and continuous recession.
Greek government plans to privatize 12 ports and 29 airports
The Greek Ministry of Finance's predictions of interest from foreign investors are optimistic and initially concern three major packages, AnsaMed reports.
The first package concerns the privatisation of 12 Greek ports, including Piraeus and Thessaloniki, for which the Greek government had originally agreed with representatives of the so-called troika to sell respective stakes of 23.1% and 23.3%, with further sales of shares of development rights by the end of the first quarter of 2012.
The second package includes 29 of the country's airports, for which the inter-ministerial commission has granted Taiped the rights to their use and administration, but also the right to use their infrastructure. As well as Thessaloniki's Macedonia airport, Greek newspapers report that investors are also interested in airports with strategic importance for tourism, such as those on the major Greek islands.








