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Tuesday, May 28, 2013

Greece looks for money in its islands

The debt-laden government makes it easier to sell private islands to foreigners and considers leasing out those it owns. Greek citizens bristle at the idea. ATHENS — Four years ago the emir of Qatar was sailing his yacht through the Ionian Sea when he spotted a patch of tiny islands. Spellbound by what he saw — six specks of sun-soaked lush greenery jutting from translucent, turquoise Greek ...

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