How Greece Plans To Deal With The Crisis With The Help Of The Islands

How Greece Plans To Deal With The Crisis With The Help Of The Islands
How Greece Plans To Deal With The Crisis With The Help Of The Islands

Video: How Greece Plans To Deal With The Crisis With The Help Of The Islands

Video: How Greece Plans To Deal With The Crisis With The Help Of The Islands
Video: The Economy of Greece 2024, December
Anonim

Despite solid financial assistance from EU partners, the economic situation in Greece is still very difficult. In the face of a severe shortage of money, the government of the country is considering alternative options for replenishing the state budget.

How Greece plans to deal with the crisis with the help of the islands
How Greece plans to deal with the crisis with the help of the islands

The situation in Greece is so difficult that many experts say that there is a high probability that the country will soon leave the euro zone. Even the financial assistance provided by other EU countries could not pull Greece out of the abyss of the crisis. Particularly unpleasant for the country was the fact that in order to receive new tranches of the 174-billion loan allocated to it, Greece needs to rapidly reduce government spending. So, to receive the next 4, 2 billion euros, the country needs to submit a plan to reduce costs by 11, 5 billion. These conditions have not yet been met, so creditors are in no hurry to provide Greece with another tranche of aid.

In this situation, the country has to consider a variety of rescue options. In particular, the Greek authorities are ready to sell or lease some uninhabited islands belonging to it. According to Greek Prime Minister Antonis Samaras, the islands will not be sold cheaply. Moreover, their sale should not threaten national security.

The Greek Prime Minister's words indicate that the situation in Greece is truly catastrophic, and the authorities are seizing every opportunity to pull the country out of the crisis. The sale of the territory belonging to the country is really a last resort, and it is also very unpopular. No sane politician who cares about his future will ever go for it. The fact that Antonis Samaras proposed this option indicates the depth of the fall of the Greek economy.

Greece owns about 6,000 islands, many of them are uninhabited. All previous attempts to attract investors for their development were unsuccessful. The new proposal of the Greek government, according to experts, may primarily interest Russian and Chinese businessmen. In addition, some of the islands can be purchased by Hollywood celebrities. Time will tell whether the Greek government will be able to carry out its plans.

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