Tuesday, March 06, 2007

Who Knew? Absolut Vodka is Goverment-Owned

With a new center-right government that is determined to get the state out of businesses like banking, telephones and Absolut vodka, it can seem as if the only things missing in Sweden these days are "For Sale" signs at major border crossings.

About $21 billion worth of state-owned assets is going on the block in the coming three years after the presentation of an enabling law last week in Parliament. And even more sell-offs are likely in what is probably the biggest process of privatization in Swedish history.

1 Comments:

At 3/06/2007 1:45 PM, Blogger Carlos said...

Great!! Sweden has long been the success model idealized by many leftists.

Viva la libertad.

Regards,
Carlos

 

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