LONDON (ShareCast) - Spain is preparing a privatisation plan along with other measures aimed at lowering the budget deficit, Europa Press has reported, citing government sources. Spanish Prime Minister Mariano Rajoy plans to raise €30bn from privatisations and use the funds to write down part of the country's outstanding public debt. The plan is expected to be approved before August and would affect several ministries. Private funds would be allowed into several public companies and public services. Some of the companies that may become privatised are freight and passenger train operator Renfe, airports operator Aena, state-run port authorities, and state-run tourism locations. The government may also divest its holdings in several companies, such as IAG, Ebro Foods (EUREX: AZUF.EX - news) , and Red Electrica (Madrid: REE.MC - news) . PO
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