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Greece obliged to start selling islands!
amcluesent
Posts: 9,425 Forumite
Greece puts its islands up for sale to save economy
Greece is making it easier for the rich and famous to fulfill their dreams by preparing to sell, or offering long-term leases on, some of its 6,000 sunkissed islands in a desperate attempt to repay its mountainous debts.
The City, where investors are increasingly shunning Greek investments, welcomed any island sales. "It's a shame if it has come to this but it does at least demonstrate that Greece is prepared to take all actions necessary to try and meet its obligations," said Gary Jenkins, a credit analyst at Evolution Securities.
What will we have to sell to Sovereign Wealth funds in the next thirty years as we spin down to third-world country status?
Greece is making it easier for the rich and famous to fulfill their dreams by preparing to sell, or offering long-term leases on, some of its 6,000 sunkissed islands in a desperate attempt to repay its mountainous debts.
The City, where investors are increasingly shunning Greek investments, welcomed any island sales. "It's a shame if it has come to this but it does at least demonstrate that Greece is prepared to take all actions necessary to try and meet its obligations," said Gary Jenkins, a credit analyst at Evolution Securities.
What will we have to sell to Sovereign Wealth funds in the next thirty years as we spin down to third-world country status?
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Hmm - For auction this week: Crete and Canvey Island - which one will you be bidding for?!I think....0
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Hmm - For auction this week: Crete and Canvey Island - which one will you be bidding for?!
What are the guide prices?Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
Hmm - For auction this week: Crete and Canvey Island - which one will you be bidding for?!
No, no, don't buy. Your a fool if you do.
If you hold off, you won't just be able a house on your credit card, but an whole island:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
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If the Greek governement had asked the DFW board for advice they would have suggested ebay or a car boot sale.....needs must.0
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Ill buy Rhodes, I only want Rhodes Town and Lindos. So if some one wants to chip in they can have the rest of the island.;)0
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I've got a spare 20 quid if someone will flog me Serifos.Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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amcluesent wrote: »Greece puts its islands up for sale to save economy
Greece is making it easier for the rich and famous to fulfill their dreams by preparing to sell, or offering long-term leases on, some of its 6,000 sunkissed islands in a desperate attempt to repay its mountainous debts.
The City, where investors are increasingly shunning Greek investments, welcomed any island sales. "It's a shame if it has come to this but it does at least demonstrate that Greece is prepared to take all actions necessary to try and meet its obligations," said Gary Jenkins, a credit analyst at Evolution Securities.
What will we have to sell to Sovereign Wealth funds in the next thirty years as we spin down to third-world country status?
I would rather we sold the Channel Islands to the French - or even the Germans - than retire at 70 and see my salary frozen for two years by this criminal bunch of thieving, robbing scumbags in the government. Sell the bl**dy Falklands as well - who needs them?0 -
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I'll have Lesbos if no one else is interested.US housing: it's not a bubble
Moneyweek, December 20050
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