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German MPs suggest cash-strapped Greece should sell islands
The Local ^ | 3/4/2010 | AFP

Posted on 03/04/2010 9:57:07 AM PST by RedDogzRule

"The Greek state must sell stakes in companies and also assets such as, for example, unpopulated islands," Frank Schäffler, a member of parliament for the pro-business Free Democrats, told the Bild daily.

Marco Wanderwitz, an MP for Merkel's own conservative Christian Democrats, said Athens should provide collateral for any money it receives from the European Union to help it out of its debt crisis.

"In this case, certain Greek islands also come into question," added Wanderwitz.

"We give you cash, you give us Corfu," the Bild commented.

Greece has around 6,000 islands off its coast, of which only 227 are inhabited, according to the country's National Tourism Office website.

The cash-strapped country Wednesday launched a fresh round of draconian austerity measures in a bid to rein in a ballooning budget deficit that is more than four times above EU limits.

The Socialist government increased sales, tobacco and alcohol taxes and cut public sector holiday allowances to save €4.8 billion ($6.5 billion), equal to about two percent of gross domestic product (GDP). Pensions in the public and private sector were also frozen.

Merkel is set to hold talks with Greek Prime Minister George Papandreou on Friday to discuss the situation in Greece.


TOPICS: Culture/Society; Foreign Affairs; Germany; News/Current Events
KEYWORDS: debt; germany; greece; greek; islands
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I'm sure the rich spoiled German politicians would be happy to buy some of Greece's property. After all, Germany tried before to get some of the islands, so why not try again?
1 posted on 03/04/2010 9:57:07 AM PST by RedDogzRule
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To: RedDogzRule

wow.

How about making BIG budget cuts??


2 posted on 03/04/2010 10:00:56 AM PST by GeronL (Political Philosophy: I Own Me (yep, boiled down to 6 letters))
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To: RedDogzRule

Well, when you go begging for money, don’t be surprised if the folks with the money want something in return...


3 posted on 03/04/2010 10:01:12 AM PST by Charles H. (The_r0nin) (Hwaet! Lar bith maest hord, sothlice!)
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To: RedDogzRule

Oh, is it only the empty ones? I kinda had dibs on Santorini...


4 posted on 03/04/2010 10:01:49 AM PST by GnuHere
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To: RedDogzRule

So how many islands can we sell off California’s coast? After all, they’re just a little behind Greece


5 posted on 03/04/2010 10:02:40 AM PST by Old Teufel Hunden
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To: GnuHere

Be careful. Its going in blow again maybe within the next
thaousand years.


6 posted on 03/04/2010 10:02:52 AM PST by rahbert (Round up the color experts!)
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To: RedDogzRule

Germans have bought half of Spain. They particularly love the islands, where they go and get 3rd degree sunburns and surf the net for child porn (which seems to be a particularly German delight).


7 posted on 03/04/2010 10:03:18 AM PST by livius
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To: Old Teufel Hunden

Dibs on Catalina.


8 posted on 03/04/2010 10:06:48 AM PST by Billthedrill
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To: livius

I’ve seen that crap in the magazine racks at truck-stops in France, too. Seems to be a European obsession, sadly. The Germans are hilarious: they’re very staid and proper in Germany and let loose outside their borders (hmmm, sounds familiar). In Italy, they roll around on the beaches at 8am, like white whales calling out for “vino, subito!”.


9 posted on 03/04/2010 10:08:14 AM PST by RedDogzRule ("We will be known forever by the tracks we leave." - Lakota (especially on the Internet))
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To: rahbert
Be careful. Its going in blow again

And when it does, as it inevitably will, I wouldn't want to be anywhere in the Mediterranean basin. Living near tectonic plate boundaries carries serious risks.

10 posted on 03/04/2010 10:09:03 AM PST by Bernard Marx (I don’t trust the reasoning of anyone who writes then when they mean than.)
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To: RedDogzRule
And what happens when they run out of islands?
11 posted on 03/04/2010 10:09:34 AM PST by Gay State Conservative (Host The Beer Summit-->Win The Nobel Peace Prize!)
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To: Bernard Marx

Traveling to Pompeii and seeing all the destruction and looking not far into the distance and seeing Vesuvius was a bit unnerving for me,I must say.


12 posted on 03/04/2010 10:11:46 AM PST by Gay State Conservative (Host The Beer Summit-->Win The Nobel Peace Prize!)
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To: Gay State Conservative

I suspect they’ll have trouble trying to take Crete again.


13 posted on 03/04/2010 10:12:25 AM PST by RedDogzRule ("We will be known forever by the tracks we leave." - Lakota (especially on the Internet))
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To: RedDogzRule

Rosie O’Doller and Helen Isgenerous might make a bid on the Island of Lesbos!


14 posted on 03/04/2010 10:16:26 AM PST by Young Werther (wtih)
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To: RedDogzRule

Greece selling its assets for money would be a sensible, responsible way out of their self-created mess.

So I think we all know what will happen.


15 posted on 03/04/2010 10:16:52 AM PST by agere_contra
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To: RedDogzRule

what about any supermodels?


16 posted on 03/04/2010 10:16:59 AM PST by Perdogg ("Is that a bomb in your pants, or are you excited to come to America?")
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To: Billthedrill
"Dibs on Catalina."

I've got my eye on Coronado...
17 posted on 03/04/2010 10:17:06 AM PST by Old Teufel Hunden
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To: RedDogzRule

Go for a time share.

Live on a Greek island for twelve months, and let the Greek unions live there for the other two.


18 posted on 03/04/2010 10:19:45 AM PST by agere_contra
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To: rahbert

While waiting for that to happen, it would be prettier than living around the New Madrid fault as I do now...


19 posted on 03/04/2010 10:21:10 AM PST by GnuHere
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To: RedDogzRule

Wonder who will buy Lesbos?


20 posted on 03/04/2010 10:26:14 AM PST by SIDENET ("If that's your best, your best won't do." -Dee Snider)
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