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Greece to Sell of Islands

Sunday, June 27th, 2010

I am getting conflicting reports from newspapers around the world about the state of Greece’s many islands. Recent articles in the Guardian have reported that Greece is selling up to four of their private islands through Private Islands Online. However, the Guardian recently retracted this statement stating that it was inaccurate. The same has been said in the New York Daily News.

The New York Daily News had this to say:

As the cash-strapped country struggles to repay its debt, it is putting big swaths of land on some its 6,000 islands up for sale or long-term lease, The Guardian reports. Greece denies these allegations, saying it has “no involvement” in the sale of the islands and calling the report “insulting” and “untrue,” the Wall Street Journalsays. With these conflicting reports, it’s unclear what’s going on, but here’s what The Guardian dished about Greece’s alleged plan to sell islands:Read more: http://www.nydailynews.com/money/2010/06/25/2010-06-25_greece_to_hawk_islands_to_repay_debt_reports_greece_denies_these_allegations.html#ixzz0s4SJe41i

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