- Netherlands: The Dutch government has sold off its 12% share in telecommunications operator KPN for some 2 billion EUR. This operation came under its 2004 budget, which was marked by various drastic reductions in expenditure. The Dutch Finance Minister announced the sale of 300 million shares altogether to CITIGROUP GLOBAL MARKETS, reducing its participation to 19.3%. The transaction was apparently carried out at 6 EUR per share. - Austria: The Austrian state has concluded the sale of its...