41. This process, characteristic of the whole of the public enterprise sector, occurred earlier in Britain than in Spain for reasons explained in previous chapters. 42. Moreover, loss-making Spanish public enterprises have been subject to specific pay bands lower than those for profitable companies. 43. Businessmen say they have a hard time getting loans from state-owned banks, while public enterprises are generously funded. 44. But the chairman of a congressional committee, who opposes the initiative as an undesirable new selloff of public enterprises, said he saw little chance of passage. 45. Efficiency is not the primary objective of public enterprises. 46. In Qatamiya and Nasr City, the new housing is a public enterprise. 47. More likely, people would either find executions a worthwhile public enterprise or would become accustomed to the spectacle. 48. Smaller public enterprises, often owned by local governments, had been told to sink or swim. 49. That involves everything from privatizing inefficient public enterprises to eliminating consumer subsidies to nourishing honest, competitive banking. 50. The banks, themselves for the most part state-owned, still dole out almost half their loans to ailing public enterprises. |