The government will sell 49 percent of the state railroad, list ports and airports on the stock market and privatize the country's casinos, the Finance Ministry said after a cabinet meeting in Athens. The government will also sell stakes in water utilities serving Athens and Thessaloniki, sell 39 percent of the post office, and combine its vast real estate assets into a holding company to be listed on the stock market… The state will maintain its stakes in Hellenic Telecom and the electrical utility Public Power.

This has to be one of the saddest paragraphs I've read in a while:

NATO figures show that Greece spent 2.8 percent of G.D.P. on its armed forces in 2008, or about €6.9 billion. That makes it the most expensive military budget in Europe in per capita terms, and second only to the United States in the alliance. Athens has justified such spending as necessary to keep up with its regional rival, Turkey, also a NATO member.

The military budget would seem to be a bit of low-hanging budget fruit, if only silly regional rivalries could be set aside.