Posted by & filed under Economic Analysis, Financial Planning, Governments & Regulators.

Description: To help get out of its debt crisis, the Greek government has come up with a way to raise some cash: Sell off everything from planes and trains to huge parcels of land along the Greek coastline. WSJ’s Charles Forelle reports from Athens.

Source: Marketwatch.com – video report

Date: 06/27/2011

Link: http://www.marketwatch.com/video/asset/greece-sells-assets-to-whittle-down-debt/373566C2-7323-4E8A-8797-36858953526A

Questions for discussion:

  • Summarize the scenario described for how Greece accumulated unmanageable debts and how it might extricate itself.
  • How are the financial planning issues similar and different for a country in comparison to that of a company?
  • How might politicians handle these issues differently than a manager of a company?
  • What would your advice be to Greece?

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