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European finance ministers press for privatization as part of austerity plan
Greece euro1

Greece will sell billions of dollars worth of state assets such as airports and real estate in response to the European finance ministers' decision to postpone giving a 12-billion-euro loan to the struggling country. The privatization plans resulted in workers' strikes and blackouts on Monday, but European Commission President Jose Manuel Barroso said the changes were "long overdue."

Sean Gallup