No one else hasthe money," said one euro zone finance official, who discountedthe prospect of a European buyer.
But potential buyers are wary. A Qatari consortium walkedaway from a 3.5 billion euro energy project in western Greece inOctober
black uggs , a setback for Greek hopes to lure up to $5 billion ininvestment from the cash-rich Arab emirate. Government officialssaid at the time the two Qatari companies involved, QatarPetroleum and the Qatar Investment Authority, could not agreewith their Greek partners on the viability of the plan.
EXPENSIVE ODYSSEY
Advisers to the government have so far issued a list of 20initial potential assets to sell, including land on the islandof Rhodes which might be turned into a golf course
discount uggs nL3E7GC1CC], and an areanext to the spectacular Rio-Antirio bridge near the western portcity of Patras that could be used for tourism or businessdevelopment.
How much might Greece really own? A first glimpse came in areport last November by the ISTAME think tank, which put thevalue of property owned directly by the state at 272 billioneuros. This did not include tourist assets such as marinas
black uggs ,camping sites and spas, or Olympic Games venues that belong totwo different state organisations, and ISTAME admitted itsfigure may be way off.
"Commercial value can certainly be more but it will hinge onhow one exploits it," said ISTAME President, Elias Mosialos
black uggs , asocialist MP. "It depends on how it can be used
black uggs , if it has legalor infringement issues, and if it can be developed."
Greek officials and bankers started to bounce the 300billion euro figure off investors in London and New York duringtrips in late 2010. With the figures in the ope