1.6.11

Want to Buy a Piece of a Greek Island?

Now might be your chance to buy that portion of a Greek island you have been coveting.
As part of Greece's privatization plan to raise cash to reduce its mountain of debt, the national government is preparing to sell as much as €30 billion ($42.9 billion) of public property. It is still early in the process, but future sales are likely to include assets ranging from the government's stake in the Mont Parnes Casino resort in Athens, hotels, and even a concession to develop a luxury resort with a world-class golf course on the island of Rhodes.

http://online.wsj.com/article/SB10001424052702304563104576357240646607566.html

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