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...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago