Greece could sell islands to cut debt - German MPs
Thu Mar 4, 2010 3:40am ESTRelated NewsMerkel cool on Greek aid as voters and FDP resist
Fri, Feb 12 2010BERLIN, March 4 (Reuters) - Greece should consider selling some of its islands as one option to reduce debt, two members of the German parliament in Chancellor Angela Merkel's centre-right coalition said.
Josef Schlarmann, a senior member of Merkel's Christian Democrats, and Frank Schaeffler, a finance policy expert in the Free Democrats, were quoted on Thursday as saying that selling islands and other assets could help Greece out of its crisis.
"Those in insolvency have to sell everything they have to pay their creditors," Schlarmann told Bild newspaper. "Greece owns buildings, companies and uninhabited islands, which could all be used for debt redemption."
Greece has launched an austerity programme designed to secure European help to tackle its crippling debt burden. Opinion polls show Germans are overwhelmingly against taxpayers bailing out Greece.
http://www.reuters.com/article/idUSLDE6 ... 1322624:z0
Well, do you think Greece should start selling off public land? Does anyone here have some free money with which they wish to go half and half on a Greek isle with me?





