Three percent not one-third of Greek land up for sale

March 22 2012 09:46:02

Three percent not one-third of Greek land up for sale

ISTANBUL - Hürriyet Daily News

Protopsaltis, Greece’s privatization coordinator, attends an Istanbul meet. DAILY NEWS photo

Neighboring Greece’s efforts to climb out of the economic crisis with a comprehensive privatization plan involves selling only 3 percent of Greek land, not “one-third” as wrongly reported by the Hürriyet Daily News yesterday.

Speaking to the Daily News on the sidelines of the “Privatizations in Greece and Opportunities” meeting held in Istanbul, Panos Protopsaltis, coordinator of the Privatization Program of the Hellenic Republic Asset Development Fund (HRAD), said only three percent of Greek land was “for sale.” Protopsaltis also invited Turkish companies to invest in Greece.

The Daily News regrets the editorial error and apologizes to both Mr. Protopsaltis and its readers

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