In a gambit comparable to a suddenly impoverished renter looking in the backs of desk drawers for loose coins, the Greek government is searching high and low--mostly low--for fresh sources of euros. It had the idea of endearing itself to the German citizens who oppose lending it more taxpayer cash by demanding that reparations be paid Greece for Nazi depredations in World War II. However, it turns out that the two governments handled that in 1946. Let's see, any other sixty five year old bills we could revive?
No, but then how about selling some long term leases for some Greek islands? Mykonos is not available, but there are many uninhabited islands. One might suspect that they also are islands without water or docking potential. However, Bloomberg gives a better report than that. All the available islands and islets are government-owned and the leases are for 50 years. Some sound rather nice--especially now, in late September when the Agean is still warm and calm!
