Greece Selling Islands to “Save Its Economy”

As any other consolidation scheme created by the bankers, the control and acquisition of Greek lands and resources is well on its way.  Greece asked for financial aid to the very bankers it was in debt with.  Now, as part of the deal, Greece is giving away its land.  How much can an undeveloped island cost in the middle of a depression these days?  Little enough for billionaires and bankers to buy it for pennies on the Euro.

Elena Moya

Desperate attempt to repay debts also driven by inability to find funds to develop infrastructure on islands

There’s little that shouts “seriously rich” as much as a little island in the sun to call your own. For Sir Richard Branson it is Neckar in the Caribbean, the billionaire Barclay brothers prefer Brecqhou in the Channel Islands, while Aristotle Onassis married Jackie Kennedy on Skorpios, his Greek hideway.

Now Greece is making it easier for the rich and famous to fulfill their dreams by preparing to sell, or offering long-term leases on, some of its 6,000 sunkissed islands in a desperate attempt to repay its mountainous debts.

The Guardian has learned that an area in Mykonos, one of Greece’s top tourist destinations, is one of the sites for sale. The area is one-third owned by the government, which is looking for a buyer willing to inject capital and develop a luxury tourism complex, according to a source close to the negotiations.

Potential investors also looking at property on the island of Rhodes, are mostly Russian and Chinese. Investors in both countries are looking for a little bit of the Mediterranean as holiday destinations for their increasingly affluent populations. Roman Abramovich, the billionaire owner of Chelsea football club, is among those understood to be interested, although a spokesman denied he was about to invest.

Greece has embarked on the desperate measures after being pushed into a €110bn (£90bn) bailout by the EU and the IMF last month, following a decade of overspending and after jittery investors raised borrowing costs to unbearable levels.

The sale of an island – or convincing a member of the international jet-set to take on a long-term lease – would help to boost its coffers. The Private Islands website lists 1,235-acre Nafsika, in the Ionian sea, on sale for €15m. But others are on for less than €2m – less than a townhouse in Mayfair or Chelsea. Some of the country’s numerous islands are tiny which could barely fit a single sunbed.

Only 227 Greek islands are populated and the decision to press ahead with potential sales has also been driven by the inability of the state to develop basic infrastructure, or police most of its islands. The hope is that the sale or long-term lease of some islands will attract investment that will generate jobs and taxable income.

Told by the Guardian that such sales or leases were in prospect, Makis Perdikaris, director of Greek Island Properties, said that he would be unhappy at the prospect of any outright sale of state land: “I am sad – selling off your islands or areas that belong to the people of Greece should be used as the last resort,” he said. But he was not necessarily against long-term leases: “The first thing is to develop the economy and attract foreign domestic investment to create the -necessary infrastructure. The point is to get money.”

In its battle to raise funds, the country is also planning to sell its rail and water companies. Chinese investors are understood to be interested in the Greek train system, as they already control some of the ports. In a deal announced earlier this month, the Greek government also agreed to export olive oil to China.

After the socialist government of prime minister Geórgios Papandreou responded to the IMF bailout with draconian budget cuts, rioters took to the streets, costing three lives in May.

In the midst of the crisis, the German chancellor, Angela Merkel, delayed her support as she faced local elections and popular opposition to any public-funded help to Greece.

As strikes almost paralysed the country and hedge funds bet against the economy, German politicians called for Greece to start selling islands, historic buildings and artworks. It now appears that the Greek government has heeded their demands.

The City, where investors are increasingly shunning Greek investments, welcomed any island sales. “It’s a shame if it has come to this but it does at least demonstrate that Greece is prepared to take all actions necessary to try and meet its obligations,” said Gary Jenkins, a credit analyst at Evolution Securities.

Property prices have fallen between 10% and 20% since the May riots in Athens, as bad publicity has drawn visitors away, Perdikaris said.

“We have experienced a very slow booking season. Most tour operators offer hugely discounted rates,” he said. Britons account for more than 60% of his company’s property sales.

• This article was amended on 25 June 2010. The original heading – Greece puts its islands up for sale to save economy – went beyond what the story said. This has been corrected. More context has been added to a quotation from Makis Perdikaris, director of Greek Island Properties, to make clear that he was not expressing knowledge of existing Greek government sales of island land.

EU Dictators to Control National Budgets

Sovereign Independent

As reported in today’s Irish Independent, the EU will be given first option on whether to approve of Irish fiscal policy thus opening

If the theory of Super States is adopted globally, the countries will effectively loose independence, sovereignty, identity and liberty.

the way for another €3 billion of cuts in spending, no doubt in public services we all pay our taxes into. This is of course dictatorship in its most basic form.

When a nation state is no longer in control of its own finances, which have been handed over to an unelected cabal of appointed lackeys, then the nation state no longer exists. This is exactly the position which Ireland and every nation in the EU face today. Let’s be clear, there are no longer nation states. Taking over a nation’s finances is only the start. When we no longer have individual countries, with individual cultures, as they are rapidly being mixed into a standardised ‘brand’, the result will be that in a generation or two from now, we will no longer have any distinction between individual sovereign states which could be classed as cultural identity whatsoever.

This is not only undesirable to the native peoples of the nations of Europe but it is also detrimental to world culture as a whole. I would envisage a day when travelling abroad, if still permitted, will be no more of a cultural experience than travelling through ‘one size fits all’ airports and staying in brand name hotels. Every ‘experience’ will be standardised.

Sticking with financial control, why is it that our ‘elected’ representatives have sold us off to these pirates of finance whereby they have allowed an unelected, private organisation to dictate terms and conditions over and above our national governments as to what they will and will not plan for in their own fiscal policy to benefit the people of their nations? When did outside forces have any right to interfere with the internal finances of a nation state? Haven’t we witnessed many times in history the ‘economic sanctions’ imposed on nations? How about the recent example of Iraq which was spuriously, and ultimately dishonestly, accused of having weapons of mass destruction? The result of these economic sanctions was mass starvation and death of hundreds of thousands of innocent Iraqis.

I’m not saying it’ll come to that in Europe but at the same time when these criminals, and let’s not mince our words here, they are criminals, when they are allowed to impose what amount to economic sanctions on our country then we are in for extremely hard times ahead with the eventual result being mass poverty across Europe.

What then for the EU?

It clearly will not have worked as it was supposed to so why would we still want to be part of it?

Why would any nation want to be part of a criminal organisation which has gone out of its way to impoverish the ordinary peoples of what were once independent nation states whilst at the same time destroying cultural identity?

The powers that be insisted and repeated their lies that the single European currency would solve all of our financial troubles forever. That has obviously not worked either and indeed has brought us closer to the brink of utter catastrophe in terms of our financial security.

But of course, that was always the intention of the European Union. Its job was always to amalgamate all the nations of Europe under their control so that when the time was right, like now, they could collapse every nation in the Union to achieve their ultimate goal of bringing into being the single European Soviet Union Superstate. This was finally achieved after the illegal and blatantly fraudulent 2nd Lisbon Referendum in which the Irish people were robbed of the last elements of national sovereignty thus plunging the other members of the EU into the new European Soviet Bloc with all rights and rules being dictated from Brussels.

The European Parliament was overnight given the status of a National Superstate, with all the powers of a government over the 500 million people of Europe, with only 27 unelected Commissars deciding our fate.

Whilst those politicians pushing for a ‘YES’ vote in the bogus referendum celebrated a victory before the first vote was counted, they never told the people that they had effectively sold them into slavery to a foreign power, namely the European Union; a European Union that have steadfastly refused to submit its own accounts for scrutiny, to any one of the nation states funding it, for over 15 YEARS!

Why have we allowed, what is obviously a corrupt organisation, to take over our lives to the extent that they decide how our tax money is to be spent? No doubt a lot of it will be going into the grubby paws of these very same commissars who are dictating that we the people need to cut back on everything from energy consumption to foreign holidays and even what foods we will eventually have to eat as GMO crops are rolled out across the continent.

I was never asked about any of this in my entire life and certainly never voted for any of it.

If you voted ‘YES’ for the Lisbon Referendum are you happy with the results so far?

Do you have one of those mystical jobs that were promised by every major political party at the time?

Do you still have the job you had then or are you one of the close half a million officially unemployed people in a country of approximately 4 million people with a workforce of less than 2 million?

That’s a 25% unemployment rate folks!

Do you have the security we were promised even though what security they were talking about was never discussed?

Financial security is the bedrock of any civilised society. This doesn’t necessarily mean monetary security. That is simply a red herring and a fraud in itself being perpetrated on humanity since the first banker lent to the first borrower thousands of years ago.

No, ‘financial’ security comes in many shapes and forms. The main concerns for human beings since the beginning of time have been firstly, shelter whereby we need some form of a home to protect us from the elements and to raise our families. The second basic element is of course good healthy food combined with clean water. Some kind of health security is also essential although good healthy food and clean water go a long way to preventing any health problems in themselves.

Every person in this country could now be living in a home, perhaps not the ideal home, but a home nevertheless, if the wads of cash given to private corrupt banks had simply been given to the people via payment of mortgages and personal debt to the extent that the country could have started with clean slate so to speak whereby we could then have started creating our own independent monetary system in whichever form that took.

Why then have we borrowed billions from private banks simply to hand it over to other private banks which the taxpayers of Ireland have to pay for and who will now have to live in poverty for generations?

Why are our politicians not on trial for ECONOMIC TERRORISM and TREASON?

At this stage in the game it is probably too late for any intelligent debate from any intelligent political figure because let’s face it, they are extremely hard to find despite the claims of the establishment that we pay politicians so much money to attract the best minds in the country to the political process.

Does anyone seriously think that we have the best minds in politics? If that were indeed the case we wouldn’t be in the mess we’re in would we?

It’s about time the public woke up to the fact that they have been duped all their lives and in generations prior to that. It’s a bitter pill to swallow and it does take an element of personal courage to admit, not only to yourself that you have been conned, but also to tell other people that they’ve been conned too.

Firstly they will ridicule you, secondly they’ll shun you until eventually something will happen to them personally which will dispel any doubts in their minds that something is seriously wrong in society, not only in Ireland, but across the globe. When innocent human beings are being blown to bits in an illegal war which has been proven to have been started using lies and deception, one would like to think that that time cannot be far off. I won’t hold my breath though. The current ‘crop’ of ‘human beings’ seem incapable of empathy for their fellow man whatever the dreadful circumstances the victims find themselves in. We have in effect been utterly desensitized to the suffering of others with the ‘self’ being the most important being it seems in most people’s lives.

In terms of people finally accepting that we are all in serious trouble, let’s hope that it’s not the day they turn up at Tesco’s to find the shelves empty and starvation becomes a real possibility. This is not wild ‘conspiracy theory’. This is exactly how things were in the Soviet Union when millions, just over half a century ago, were allowed to starve to death by Stalin and his cronies whilst they lived in absolute luxury in a land of plenty for them.

The new European Soviet Superstate is riddled with so called ‘ex’ Soviet Communist Party members who were active in Eastern Europe right up to the day they became part of the European Union.

I don’t want to live in the Soviet Union or in, as the UN has pointed, the state we should all try to emulate, the People’s Republic of China.

Every human being in the EU and around the world has a basic right to live their lives free of restriction so far as they do no harm to any fellow human being or their property. This is the basis of common law which the vast majority of people adhere to. We don’t need ‘Big Brother’ diktats from anyone telling us what we can and can’t do, what licenses we need for this or that and how many children we’re ‘allowed’ to have.

I’m sick of it all and it’s about time that the entire human race extricated its head from the sand and got off its knees. We do not owe our lives to any state whether real or created. We are not slaves to be bought and sold at the whim of unelected bureaucrats in a puppet government far removed from any nation state.

Responsibility comes at a price but ultimately it must be a price worth paying if the alternative is so bleak.