Old Mar 10, 16, 3:12 am
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Originally Posted by MSPeconomist View Post
BTW, in the OP, does The Fund mean the IMF? If so, I didn't realize that they were in the business of selling aircraft, even when default on loans is involved.
No, it refers to the Hellenic Republic Asset Development Fund, essentially the Government quango (at least, that's what we'd call it in the UK) which manages significant State assets. They also run a number of ports, for example.

I suppose the IMF, or other creditors, may come into play here if they are insisting on the Government paying some money back which is forcing a sale, but if that's the case I doubt they care what is sold to achieve that per se.
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