Whiskey Tango Foxtrot: Germany Tells Greece to Sell Island to Pay Debt

Anyone want to buy a small Mediterranean island?

Josef Schlarmann and Frank Schaeffler told Germany’s Bild daily that the Greek state should sell stakes in all its assets to raise more cash.


It is true that dotted in the blue waters of the Aegean are some of the country’s most valuable assets – about 6,000 islands, of which only 227 are inhabited. Many of them are privately owned by the world’s super-rich.

According to a specialised real-estate website, Greek islands evoke images of sunglass-sporting shipping magnates sipping champagne on enormous yachts, but cost as little as $2m (£1.3m).


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