Let the great state sell-off begin

After protesting that it would never rush to sell state assets, the government is beginning to accept that there is no choice left, writes Niamh Connolly.

22nd January, 2012
Let the great state sell-off begin
Under plans to raise billions to service Ireland's debts and fund job creation, a number of state assets are to be sold off. Photo: Getty

After months of insisting there would be no firesale of state assets, time is running out for the government. It must submit its shortlist of assets for sale by the end of the March deadline set by the troika negotiators.

The key candidates for disposal are Bord Gáis and Coillte: the sale of the two bodies could raise more than €2 billion. While the energy utilities are the jewels in the crown, ESB is being...

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