Earlier this month Greece’s government announced the formation of a privatization “superfund” to sell off state-owned assets, including the Greek railways, postal service and a number of utilities. Its scope – the sale of 50 billion euros in state assets – comes a close second in scale to the privatizations of the 1980s in Britain under Margaret Thatcher. The ...

  Bloomberg Canadian bankers are calling on the government to take further steps to cool surging housing markets in Toronto and Vancouver. The heads of National Bank of Canada and Bank of Nova Scotia said mortgage down-payment requirements should be boosted to tame the market, joining the Organisation for Economic Cooperation and Development, which said on Wednesday measures should be ...

  Bloomberg Australia’s Victoria state is “very confident” the winning bid for a 50-year lease to operate the Port of Melbourne, which is valued at between $4 billion and $6 billion, will exceed the book price, state Premier Daniel Andrews said. “All the market expectation, all the commentators talk about us exceeding the price that we’ve booked, and we are ...