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It's time for the State to be buying, not chopping down assets like Coillte; MY VIEW.

Publication: The Mail on Sunday (London, England)
Publication Date: 26-JUL-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: It's time for the State to be buying, not chopping down assets like Coillte; MY VIEW.(Business)

Article Excerpt
The State coffers may be depleted but this isn't the time to be selling off the 'family silver'. Such sales are mooted in the McCarthy report but they are not seen as an alternative to the spending cuts that have grabbed most of the headlines. Unfortunately, some politicians may promote asset sales as an easy option which, in the short term, would help to lessen the need to take on powerful pressure groups.

Two large State companies are mentioned in the McCarthy report as possible privatisation candidates - Bord na Mona and Coillte. To describe either as 'family silver' is misleading....



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