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  • Greece May Sell Islands as Juncker Urges Asset Sales Drive

    From businessweek.com

    Read Full Story at businessweek.com

    Prime Minister Antonis Samaras, who will take his plea for more time for the Greek economy to Paris and Berlin this week, suggested his government could sell or lease some of the country’s islands to help revive a state-asset sales plan central to receiving international funds. He told Le Monde newspaper in an interview published today that uninhabited Greek islands could be used to generate revenue, responding to a question on whether Greece would sell some of its islands. “On condition that it doesn’t pose a national security problem, some of the isles could be used commercially,” Samaras said as ... (full story)

    • Pip_tracker

      612 posts
    • bad news in greece, data OK in us... it's normal. EUR is going up .... 1.257....hahahahaha

    • frx_trader

      941 posts
    • I think this is not a bad idea. Well, sorry. Look at HK now.

    • KoJoxx

      7 posts
    • OK without that you have a revoulution coming in greece. try that and it will kom very soon.

    • kartha

      61 posts
    • I was looking to buy an Island

    • alues

      16 posts
    • That is the true story. Greece has things to sell and make money and they don't want that hence they can get free money from EU. Major reason the Germans are saying no. Germany wants to buy Greece.

    • Timetraveler

      485 posts
    • Since Greece must sell to remain in EZ if they bargain away they don't cover debt.
      Therefore prices will remain more or less normal.
      So Greeks won't sell one @ 1.18 but @ 1.25+
      Any real investors before a Grexit?

      As for Turkey traditionally doesn't want to buy the islands but take by force. Kind of a code of honor because they claim sovereignty.
      So if you think that something is yours but someone else sells it and you lose it you stay put right?
      You wait 50+ years for the right moment and when it comes and your opponent is dead you realize you lose what you thought as rightfully yours!

      Grexit or no Grexit "FUN" starts when they grab something of value in their panic and subsequently can not be sold to cover Greek debt.

    • billv

      712 posts
    • Quoting alues
      Greece can get free money from EU
      There is no such thing as free money.
      When you borrow you'll have to pay it back plus you'll have to pay interest which is basically wasted money.
      Money that could be going to hospitals and other areas of need

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