Friday, July 24, 2015

The Firesale Begins: Greece Is Selling off Its Assets

The Firesale Begins: Greece Is Selling off Its Assets | The Daily Sheeple:
"It’s never been more obvious that Greece has been sold out to the banks.
 Like many countries before, their nation has been scheduled to endure poverty and chaos, followed by a firesale of their assets.
The latest evidence of their nation’s capture by the banks, is the selling of their numerous islands to wealthy buyers.
American business magnate, one of the world’s most successful investors, Warren Buffett has reportedly bought the Greek island of Agios Thomas for 15 mln euro, according to the website of the Greek newspaper Proto Thema and became yet another celebrity with his own piece of Greece.
The newspaper says the deal was made in partnership with Italian real estate magnate, millionaire Alessandro Proto.
The two men closed the deal for a reported 15 million euros last Thursday.
 The businessmen released a joint statement saying that they intended to invest in the island of Agios Thomas, also referred to as St. Thomas, located on the northwestern side of the island of Egina in the Saronic Gulf.
They plan to “build property in an effort to help the wider region develop.”
The island, 300 acres in size, was earlier available for sale over the internet at 15 mln euro.
If confirmed, this is yet another purchase of a Greek island by a foreign celebrity.
 Earlier this week Hollywood star Johnny Depp purchased an uninhabited Greek island of Stroggilo for 4.2 mln euro."

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