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I would expect that the privatisation of La Poste, which was supposed to get started this autumn (the first phase is only the transformation of the company from its public entreprise status to a limited liability company) is likely to be delayed or postponed as well...

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (jeromeguillet@yahoo.fr) on Thu Oct 9th, 2008 at 10:25:00 AM EST
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We were going to sell the 20 % government share of the bank Nordea. I guess that won't be happening now.Too bad really, but that's life for ya.

Though in hindsight, selling Vin&Sprit to Pernod Ricard for like €7 billion looks like the deal of the decade. :)

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Thu Oct 9th, 2008 at 10:27:25 AM EST
[ Parent ]
Spain finally privatised all its public banks in 1998 (creating Argentaria which was swiftly - within a year - gobbled up by BBV). And now I wonder why the fuck did we have to privatize all the public banks? Having a Caja Postal available would be very useful.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Oct 9th, 2008 at 10:31:40 AM EST
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