Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Frank Schnittger:
everyone knows that the state is an unwilling owner, and wants to dispose of virtually all of the assets
Why doesn't the state decide to make the best of the situation and actually do something with these assets? Because that would be State intervention in the economy and we can't have that. So instead, as you predict, the state will dump the property at a loss. Gah.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Thu Sep 17th, 2009 at 05:17:20 AM EST
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