Austria halts sale of alpine land
Source: Agencies |
June 15, 2011, Wednesday
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Print Edition
Print Edition
AUSTRIA'S government yesterday postponed the planned sale of two alpine summits after an outpouring of national outrage.
Austria's privatization agency announced a decision after an emergency meeting between Economics Minister Reinhold Mitterlehner and top officials in charge of selling of national property to the private sector. "We have suspended the sale to evaluate alternative possibilities," said agency spokesman Ernst Eichinger. He said the transaction would likely go ahead but buyers would be restricted to "Austrian institutions" instead of the highest free-market bidders.
The peaks are in the easternmost part of Tyrol province, home to some of Europe's highest mountain ranges.
The "Rosskopf" is 2,600 meters high, the "Grosse Kinigat" nearly 2,700 meters. They are on offer for 121,000 euros - nearly US$175,000. Austria is fiercely proud of its alpine ranges and its national hymn begins with the worlds "Land of Mountains."
Austria's privatization agency announced a decision after an emergency meeting between Economics Minister Reinhold Mitterlehner and top officials in charge of selling of national property to the private sector. "We have suspended the sale to evaluate alternative possibilities," said agency spokesman Ernst Eichinger. He said the transaction would likely go ahead but buyers would be restricted to "Austrian institutions" instead of the highest free-market bidders.
The peaks are in the easternmost part of Tyrol province, home to some of Europe's highest mountain ranges.
The "Rosskopf" is 2,600 meters high, the "Grosse Kinigat" nearly 2,700 meters. They are on offer for 121,000 euros - nearly US$175,000. Austria is fiercely proud of its alpine ranges and its national hymn begins with the worlds "Land of Mountains."
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