New Zealand Prime Minister John Key said Tuesday he is looking at plans to cut the government's stake in Air New Zealand to help slash the country's debt.
According to the Associated Press, Key, whose conservative national government faces an election this year, said New Zealand needed to reduce its reliance on foreign debt, which he said was equivalent to 85% of the country's GDP.
New Zealand Prime Minister John Key said Tuesday he is looking at plans to cut the government's stake in Air New Zealand to help slash the country's debt. According to the Associated Press, Key, whose conservative national government faces an election this year, said New Zealand needed to reduce its reliance on foreign debt, which he said was equivalent to 85% of the country's GDP. Key hailed the success of ANZ under its "mixed ownership" model, in which the ...
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